How Do We Decide What Is ‘Fair’ in a Game?

Fair means everyone gets a good chance to win. Like when you and your friend take turns picking who goes first in a game, that’s fair because no one has an advantage from the start. But if one person always picks first, it might feel unfair because they get to choose the best spot every time.

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Examples

When you and your friend flip a coin to decide who goes first, it feels fair because both of you have an equal chance.
If one player gets more marbles than the other before the game starts, the game might feel unfair.
In a race, fairness means everyone has the same starting line, no one gets a head start.

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Categories: Economics · fairness,game theory,decision making