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March 31st, 2019 (Permalink)

Recommended Reading

With tax day rapidly approaching, here are some ways to spend your time instead of filling out forms:


Notes:

  1. Check 'Em Out, 7/2/2007.
  2. Thanks to Lawrence Mayes for calling this article to my attention.

March 30th, 2019 (Permalink)

New Book: Thinking in Bets

…[T]his is not a book about poker strategy or gambling. It is, however, about things poker taught me about learning and decision-making.1

Annie Duke is not the usual suspect for a new book citation on this weblog; here's how she describes herself in her book's Introduction:

When I was twenty-six, I thought I had my future mapped out. … I had graduated from Columbia University with degrees in English and psychology. I had attended graduate school at the University of Pennsylvania, where I won a fellowship from the National Science Foundation, earning a master’s and completing my doctoral course work in cognitive psychology. But I got sick right before finishing my dissertation. I took a leave of absence, left Penn, got married, and moved to a small town in Montana. Not surprisingly, my NSF fellowship didn’t cover my cross-country experiment in adulting, so I needed money. My brother Howard, a professional poker player…, suggested I check out the legal poker games in Billings. … My plan was to earn some money during this break from school, stay on the academic path, and continue playing poker as a hobby. My temporary break turned into a twenty-year career as a professional poker player. … To say that I had strayed from the academic path might seem like an understatement.1

I don't play poker, so I'd never heard of Duke before I somehow stumbled across this book, whose subtitle is: "Making Smarter Decisions When You Don't Have All the Facts". I would only add that you never have all the facts so the book should cover all decision-making.

The title "Thinking in Bets" seems to be a way to emphasize the importance of thinking in terms of probabilities. This also seems to be the point of the title of the first chapter: "Life is Poker, Not Chess". Poker differs from chess in two ways: luck plays a role in poker, but not in chess; you can't see the cards your opponents are holding in poker, but you can see all of your opponent's pieces and their positions in chess.2 Thus, poker is more like life than chess is, since both chance and ignorance play a large role in what happens in life.

Reading a book is a bet: you bet your time, attention, and effort in hopes that the rewards that you receive will be worth it. There's uncertainty in that you won't find out whether the book was worth it until you've made the effort. I haven't read this book yet, so I don't know whether it's worth reading, but based on what I've looked at so far I would bet on it.3

Notes:

  1. Annie Duke, Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts (2018), "Introduction".
  2. Duke makes this distinction in the following interview: "Poker Champion Annie Duke on Making Smart Bets in Life, Politics, and Football", Reason TV, 2/20/2018. This is not to say that uncertainty plays no role in chess: you can't read your opponent's mind, so you can't be certain of his or her future moves. Also, the game is so explosive combinatorially that it's practically impossible, even for supercomputers, to look more than several moves ahead in a game.
  3. I also based my decision on the following interesting interview with Duke about this book: "Annie Duke: 'Thinking in Bets'", Talks at Google, 6/21/2018.

March 12th, 2019 (Permalink)

Three-Dice Monty

Last month, "Three-Card" Monty*, the carnival con artist, shamelessly attempted to swindle a young couple on Valentine's Day using a pair of tricky dice! Now, he's back in his booth on the midway, but this time he has three strange dice.

Imagine that you approach Monty's booth and see on the counter before him three cubical dice: one colored red, the second white, and the third blue.

"As you can plainly see," Monty says to you, "these are three unusual dice. As you probably know, a standard die has one through six dots on its six faces. The number of dots on these dice range from one through nine, instead. Moreover, each of these nine numbers appears twice, both times on the same die. The numbers are distributed in such a way that each die has different numbers on its faces than the other two, so no number is shared among them. This means that when two of the dice are rolled against one another, they never tie. In every other way these dice are the same as standard dice: they're not loaded or gimmicked in any way.

"The first die has the numbers two, four, and nine, twice each on its six red faces. The second, white die has, instead, the numbers one, six, and eight. Finally, the last, blue die has the numbers three, five, and seven. The numbers on each die total thirty.

"Wouldn't you agree that they are evenly matched? I offer you an even money bet that the die I select will beat yours. That is, each of us will put up a dollar, each will roll his die, and the die that comes up with the highest number wins. Moreover, to be perfectly fair to you I offer you the first choice: you may select any one of the three dice and I will take one of the remaining two. What could be fairer than that?

"So, my friend," Monty finished, "which die do you choose?"

Is the bet that Monty is offering you fair? Should you accept or reject his wager? Assuming that you accept it, which die should you choose?


* In case you don't know Monty: he is a trickster, but he always speaks the exact truth. However, this does not mean that he necessarily tells the whole truth. Also, while he is a sharpster, he prides himself in not doing any sleight-of-hand. For previous puzzles involving Monty, see:


March 8th, 2019 (Permalink)

Rule of Argumentation 41: Be as definite as possible!

Before proceeding to this month's rule, I want to mention something that I should have explained earlier in this series, probably in the introduction: Each of these rules is a heuristic or "rule of thumb". In other words, there are exceptions to all of them, that is, situations in which you should not follow them, but such situations are exceptional.

Previous rules in this series were rules that governed the overall process of arguing: appealing to reason, acknowledging one's own fallibility, and focusing on arguments themselves rather than arguers. This is the first rule that deals with the content of argumentation. It says that the claims and arguments you make should be as definite as possible.

In order to be as definite as possible myself, I will explain what I mean by both "definite" and "possible":

Next Month: Rule 5


Notes:

  1. Previous entries in this series:
  2. Unfortunately, there doesn't appear to be a synonym for "unambiguous" lacking a negative prefix, so I choose the ambiguous "definite" so as to remain as affirmative as possible in this rule.
  3. For more on the types of ambiguity, including subtypes and examples, see the entry for the fallacy of Ambiguity.

Blue
335577
Red2BBBBBB
2BBBBBB
4RRBBBB
4RRBBBB
9RRRRRR
9RRRRRR

You chose the red die. Unfortunately for you, Monty chose the blue one. The following table shows all 36 equally probable match-ups between the two dice. The letters in the table indicate which of the dice wins in that match-up:

As you can see, the red die wins against the blue only sixteen times out of the total of thirty-six, with the blue die winning the remaining twenty times. So, the red die will win only 4/9ths of the time and the blue 5/9ths. Thus, an even money bet is not a fair one, and Monty stands to win more often that you.

For what you should have done instead, see below.



Red
224499
White1RRRRRR
1RRRRRR
6WWWWRR
6WWWWRR
8WWWWRR
8WWWWRR

You chose the white die. Unfortunately for you, Monty chose the red one. The following table shows all 36 equally probable match-ups between the two dice. The letters in the table indicate which of the dice wins in that match-up:

As you can see, the white die wins against the red only sixteen times out of the total of thirty-six, with the red die winning the remaining twenty times. So, the white die will win only 4/9ths of the time and the red wins 5/9ths. Thus, an even money bet is not a fair one, and Monty stands to win more often that you.

For what you should have done instead, see below.



White
116688
Blue3BBWWWW
3BBWWWW
5BBWWWW
5BBWWWW
7BBBBWW
7BBBBWW

You chose the blue die. Unfortunately for you, Monty chose the white one. The following table shows all 36 equally probable match-ups between the two dice. The letters in the table indicate which of the dice wins in that match-up:

As you can see, the blue die wins against the white only sixteen times out of the total of thirty-six, with the white die winning the remaining twenty times. So, the blue die will win only 4/9ths of the time and the white wins 5/9ths. Thus, an even money bet is not a fair one, and Monty stands to win more often that you.

For what you should have done instead, see below:



You should have declined Monty's offer, or insisted that Monty pick a die first. Then, no matter which die Monty chose, you could choose one of the remaining two that would beat his die more often than not: see the three tables, above. Very few bets are a sure thing, but you can bet your last dollar that Monty would not have gone for it.

The reason that the person who chooses second can always pick a winning die is because the dice described in this puzzle are "non-transitive" dice*. A relation, R, between two things is called "transitive" if from the fact that x bears R to y and y bears R to z it follows that x bears R to z. For instance, the relation of "taller than" between people is transitive: if Adam is taller than Eve and Eve is taller than Abel, then Adam is taller than Abel.

Now, you would probably expect that the relation of "wins more often than" between dice would be transitive. In other words, if the red die beats the white die most of time, and the white die beats the blue die most of the time, then you'd expect the red die to beat the blue one most of the time. But it doesn't! As you can see above, the blue die beats the red one most of the time.

This is surprising and counter-intuitive, but it may seem less so if you reflect upon the relations "all of" and "most of" between types of thing: the relation "all of" between types is transitive, for if all A are B and all B are C then all A are C. In contrast, if most A are B and most B are C it does not follow that most A are C. For instance, most soldiers are men and most men are civilians, but it certainly isn't the case that most soldiers are civilians―in fact, none are.

Similarly, if one die beat a second all the time and the second beat a third all the time, then the first would beat the third all the time. So, the relation of "beats all the time" between dice is transitive. But "beats most of the time", like "most of", is not transitive.

Warning: Do not try this trick at home. Monty is an expert. Besides, he's a fictional character and cannot get his nose broken or be arrested.


*See:

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