[Patrick Sileo]

Is this the appropriate place for extensive content discussion? So far, I like it and expect it to spawn some lively discussion.

I did pick up one error on page 48. The unconditional probabilities p(A_has_the_nuts) and p(A_has_a_bluff) in the equation for <B,call> should be replaced by probabilities conditional on the event "A_bets".

p(A_has_the_nuts|A_bets) = 0.2/(0.2+x)

p(A_has_a_bluff|A_bets) = x/(0.2+x)

Notice that these will sum to 1. This change leaves the critical value x*=0.04 unaffected, but game value will now be seen to be a non-linear function of x. The primary conclusions don't depend on linearity and are unaffected.

A similar error occurs on page 56 in the expression for <A,call>.

Patrick Sileo