The problem is :
http://domino.research.ibm.com/Comm/wwwr_ponder.nsf/challenges/February2006.html
The solution to it is:
http://domino.research.ibm.com/Comm/wwwr_ponder.nsf/solutions/February2006.html

The first problem is that, althougth the hypothesis of player 2's
strategy is reasonable( when y is greater than a fixed p, he will call;
or else he will fold ). But how to prove it? Why is there no any better
strategy.

Another doubt about the solution is in the last paragraph of the
solution. There are statements as "The nit is easy to see that if the
first player bets the second player should fold if y<.1, is in
different between calling and folding for.1<y<.7 and should call when
y>.7. "  .
I don't agree them. Following the solution, player 1 betting means that
 x<.1 or x>.7, which means that the opportunity of x<.1 is 1/4 and that
of x>.7 is 3/4.  If y<.1, then player 2 has the opportunity of
1/2*.1/(.1+.3)=1/8 to win; If .1<y<.7, then he has the opportunity of
.1/(.1+.3)=1/4 to win; If y>.7, the has has opportunity
.1/(.1+.3)+1/2*.3/(.1+.3)=5/8. So only when y>.7, player 2 should call,
but this is inconsistent with the solution, say, when y>.4, player 2
should call.


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