Solving The Price Is Right: How Mathematics Can Improve Your Decisions on and of

Description: Solving The Price Is Right by Justin L. Bergner Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description Solving The Price is Right is an in-depth exploration of the underlying probability theory of the popular television program that explores how biases and behavioral pitfalls limit our ability to successfully apply logic and math both on and off the show. Publisher Description The Price is Right is televisions longest-running game show. Since its inception in 1956, contestants have won cars, tropical vacations, diamond jewelry, even a live horse, and the hosts excited catchphrase "come on down!" has become part of our everyday vernacular. Part of the programs enduring appeal is the apparent ease of the game, guessing the cash value of certain prizes. But, if thats the case, then why do so many contestants come away from the show empty-handed?Solving The Price is Right is an in-depth exploration of the underlying probability theory of the popular television program that explores how biases and behavioral pitfalls limit our ability to successfully apply logic and math both on and off the show. With rigorous data and analysis compiled from Seasons 47 and 48 (356 total episodes), economist and popular mathematician Justin L. Bergner draws strategic and mathematical insights from all facets of the show, from Contestants Row bidding to the Showcase Showdown, and all 77 Pricing Games, using a combination of game theory, probability theory, statistics, and pattern recognition. In each section, Bergner summarizes contestant performance, highlights the biases leading to sub-par outcomes, and shows how outcomes can be improved by executing the right strategies while avoiding cognitive biases. Throughout, Bergner applies the lessons learned to the fields of business, finance, and our real lives, shedding light on themes of reverse psychology, strategic patience, and the importance of establishing what is sufficient for success in our pursuits. The result is a truly unique and meticulously researched book that uses Solving The Price is Right as a lens to examine our own choices – and how to make better ones. Author Biography Justin L. Bergner graduated cum laude from Yale University with a B.A. in Economics and Mathematics with a specific focus on Game Theory and Probability Theory. He has spent the last sixteen years as an Equity Investment Analyst and Portfolio Manager since receiving an MBA from The Wharton School at the University of Pennsylvania. He maintains the popular mathematics blog Details ISBN 1633888517 ISBN-13 9781633888517 Title Solving The Price Is Right Author Justin L. Bergner Format Hardcover Year 2023 Pages 282 Publisher Prometheus Books GE_Item_ID:138167644; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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