Status Updates From Competition: The Birth of a...

What is nice is that this is a tech-oriented game theory book from the early 2000s not written by a libertarian or neoliberal but a left-liberal/social democrat. A rare author indeed. most tech guys are valley libertarians the kind of idiots on the bitcoin/NFT train these days.

"Gray can expect to win about $1.50 [in an example game described earlier in the chapter] every time the token lands in IV. She may therefore be willing to pay as much as $1.50 to learn the token's whereabouts within IV. Information has a measurable cash value when playing for money."