In April we were sitting in Game Theory and learning about bidding. Apparently there is no good way to assign payoffs to two bidders who tie for the highest bid, so each person has their payoffs divided by two in mathematical solutions. I find this unacceptable. I first suggested Cage Match to determine winner, and then decided that jousting would be a better method. Five minutes later, I stumbled upon the most baller way ever to determine who wins: cage jousting. I then spent the day's lecture writing rules for game. The scenario we were discussing was bidding for tulips. Earlier today I found the notebook I recorded the rules in, and need to electronically record them before the notes go into a burn pile:
Rules for Cage Jousting
1. Two men enter, 1 exits.
2. Horses are not considered men.
3. Two horses enter.
4. 2, 1, or none horses exit.
5. Men must remain on horses: floor fighting off-limits.
6. It's not fair to knock another man's horse off-balance to get him on the ground.
7. If another man is aiming at your horse, he is not aiming for you. Hence, you have a free shot. If you cannot succeed in knocking him off, you suck.
8. If joust ends in tie, winning horse receives tulip.
9. .95 chance if you aim at horse, horse will eat you.
10. This .95 chance being eaten, combined with danger of leaving yourself open, makes aiming at horse very stupid.
11. Only Chuck Norris would aim at horse.
12. Chuck Norris does not lose cage joust.
13. This is strictly hypothetical - Chuck Norris would never bid for tulips.