The best banking strategy when playing The Weakest Link

Author: Thomas L.C.¹

Source: Journal of the Operational Research Society, Volume 54, Number 7, July 2003 , pp. 747-750(4)

Abstract:

The paper uses dynamic programming to investigate when contestants should bank their current winnings in the TV quiz show, ‘The Weakest Link’. It obtains the optimal strategy for the team as a whole and then looks at two possible reasons why the contestants tend to use other strategies in reality.Journal of the Operational Research Society (2003) 54, 747–750. doi:10.1057/palgrave.jors.2601567

Document Type: Research article

DOI: 10.1057/palgrave.jors.2601567

Affiliations: 1: 1School of Management, University of Southampton, Southampton, UK

Links for this article

http://www.ingentaconnect.com/pal/01605682/2003/00000054/00000007/art00007
http://openurl.ingenta.com/content?genre=article&issn=0160-5682&volume=54&issue=7&spage=747&epage=750
http://dx.doi.org/10.1057/palgrave.jors.2601567