Location

Caesars Palace, Las Vegas Florentine III

Start Date

30-5-2013 2:00 PM

End Date

30-5-2013 3:30 PM

Abstract

Introduction

Economic theory suggests that discrimination is price sensitive and money an equalizer

This means that discrimination decreases the higher the private costs for the discriminator

Economic reasoning: Discrimination comes at a price for the discriminator

  • Example: an employer discriminates against potential employees with a non-white skin tone and thus may miss the best employees who then work for a competitor.
  • Imperfect competition leads to rents and rents can be used to discriminate and they can be discrimination in itself. [Jomo, 2003].
  • Competition reduces discrimination

Disciplines

Economics | Gaming and Casino Operations Management | Statistics and Probability

Comments

Moderator: Brett Abarbanel

Session 3-3-F Advantage Play and Real-time Analysis of Games

File: 16 PowerPoint slides

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May 30th, 2:00 PM May 30th, 3:30 PM

Session 3-3-F: Measuring the Price of Discrimination with Data on Poker Games

Caesars Palace, Las Vegas Florentine III

Introduction

Economic theory suggests that discrimination is price sensitive and money an equalizer

This means that discrimination decreases the higher the private costs for the discriminator

Economic reasoning: Discrimination comes at a price for the discriminator

  • Example: an employer discriminates against potential employees with a non-white skin tone and thus may miss the best employees who then work for a competitor.
  • Imperfect competition leads to rents and rents can be used to discriminate and they can be discrimination in itself. [Jomo, 2003].
  • Competition reduces discrimination