Re: Monopoly

I am not sure if this helps Ani but check this out. Someone took the time to figure out the probabilities in Monopoly, which squares come up the most and expected property returns.  Basically, someone has too much time on their hands.  But, I always heard that you should go for the Orange properties because people land on them the most.

 

on monopoly

I was playing a monopoly game this evening, and was thinking about some things. For one, I won basically because I sold one-time insurance on my fully-upgraded light-blue monopoly at about $200-$250 a pop, and used the cash to fund development on my boardwalk monopoly (which I also was able to acquire only because of the cash). I was thinking – (a) what’s a good price for one-time insurance in monopoly, or a good price in per-turn premiums, and (b) if you were making a loan in monopoly (this is an alternate monopoly where private loans are allowed), what kind of discount rate per turn should you use, and how does that depend on your position wrt the board situation?

I want to talk about taxes and unions, but lighter stuff only for now.

If anyone wants to write a paper on this, be inspired by: Paul Krugman’s paper on interstellar trade

perhaps one day you too shall be a nobel laureate.