Situation of conflict or competition where all participants are expected to break even over the long run, and where all odds and payoffs occur according to the laws of probability and not by external intervention. It is a zero-sum game (where one's gain is others' loss) since every player must only break even over a period. In investing, it is a situation without a risk premium and therefore without an opportunity to use market information to gain a higher than normal return (higher than what is consistent with the inherent risk). Risk-averse investors avoid fair game situations because they get higher payoffs (utility) from a return that is assured - even though it is the same as the fair game return.
Related information about fair game:
- Fair Game (2010) - IMDb
Directed by Doug Liman. With Naomi Watts, Sean Penn, Sonya Davison, Vanessa Chong. CIA operative Valerie Plame discovers her identity is allegedly leaked ...
- Fair Game (2010 film) - Wikipedia, the free encyclopedia
Fair Game is a 2010 biographical film drama directed by Doug Liman and starring Naomi Watts and Sean Penn. It is based on Valerie Plame's memoir, Fair ...
- Fair Game - Rotten Tomatoes
Review: It struggles with the balance between fact-based biopic and taut political thriller, but Fair Game brims with righteous anger -- and benefits...
- 'Fair Game' Trailer HD - YouTube
Aug 30, 2010 ... For more info on 'Fair Game' visit: http://www.hollywood.com.
- Amazon.com: Fair Game: How a Top CIA Agent Was Betrayed by ...
On July 6, 2003, four months after the United States invaded Iraq, former ambassador Joseph Wilson's now historic op-ed, "What I Didn't Find in Africa," ...
- Fair Game | Where Fun and Family Meet
Nov 14, 2012 ... We are rapidly coming up to our two year anniversary here at Fair Game – and like we have done in the past, we will celebrate with a Black ...
- Fair Game - Movie Trailers - iTunes
A suspense-filled glimpse into the dark corridors of political power, FAIR GAME is a riveting action-thriller based on the autobiography of real-life undercover CIA ...
- PRI: Public Radio International - Fair Game
PRI's "Fair Game" is no longer on the air, as of May 2008. No subject is off limits -- Rhodes Scholar Faith Salie and her crew use their insightful humor to get to ...