Friday, May 30, 2008

The economics of Scrabble

An interesting profile of economist Jacques Polak;

During a lengthy recuperation from surgery in 1955, Jacques Polak whiled away the hours playing the popular board game Scrabble. It wasn't long before he subjected the word-building game to economic analysis—invoking such common concepts as the Keynesian multiplier and Marshallian profit maximization to divine a formula to maximize a player's total score.

The fundamental mistake inexperienced players make is trying to maximize their score in each turn, a strategy that, in the argot of economics, involves a cost: the "sacrifice of the score that might have been obtained with the same letter in another word," Polak opined in a 1955 article in the American Economic Review.

Polak developed a profit-maximizing formula of how best to make words using the 100 letter tiles in each game that have values running from 1 for common letters such as E to 10 for hard-to-use letters Q and Z. He propounds three rules:
• Letters with face values of 1 and 2 should, and those with a face value of 3 may, be used any time.
• Letters with face values of 4 and 5 should be used only if they score at least double, but a player should not hold onto them for a triple score.
• Letters with face values of 8 and 10 should almost always be kept for triple scores.

The derivation of the rules may be complicated, but they "can easily be followed in practice, even by beginners," he concluded. And apply them he did, Polak noted long after the article was published. Sadly, he was regularly bested by his wife, who cares nothing about the economics of Scrabble.


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Financial Programming and Policy: The Case of Turkey


Poverty Alleviation in a Financial Programming Framework: An Integrated Approach

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1 comment:

Anonymous said...

" Sadly, he was regularly bested by his wife, who cares nothing about the economics of Scrabble."

Not surprisingly, since his rules show no awareness of the things that are actually important in Scrabble. Things like rack balance, turnover, blanks, and bingos.

Not to mention the "Q." Should you draw the "Q," just get rid of it as soon as possible in any way possible. Even though it's worth 10 points, trying to multiply it is deranged.

Having unplayable letters on your rack drastically curtails the possibilities available.

I hope this example isn't overly typical of the fit between economic models and what we laughingly call reality.