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Ask a question about: Experimental Economics
Respond to the question: will a play to draw result in more wins?

07/12/2005 08:27 AM by Charles Haynes; will a play to draw result in more wins than a play to win?
In the covered call stock market play with a 30 day period (strike date) you can play to win (make a profit) or play to draw (not lose capital). Is there any game theory or arguments showing that a strategy to play for draw yields more wins than playing to win, where, if you play to win the outcome is win or lose and in play to draw you may also win but are particularly playing not to lose? [Manage messages]