• 83. Game Show Winnings

  • Mar 10 2025
  • Duración: 19 m
  • Podcast

83. Game Show Winnings

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  • Resumen

  • How do TV producers decide how much money to give away? A little psychology and a lot of math. Zachary Crockett phones a friend.

    • SOURCES:
      • Bowen Kerins, math teacher and former contestant on Who Wants to Be A Millionaire.
      • Arthur Smith, CEO of A. Smith & Co. Productions and author of "Reach: Hard Lessons and Learned Truths from a Lifetime in Television."
      • Aaron Solomon, television producer.

    • RESOURCES:
      • "‘The Price Is Right’ Celebrates 10,000 Episodes With Extra Big Wins for Contestants That Top Off at $100,000!" by Rosemary Rossi (Variety, 2025).
      • "Why haven’t more game show prizes been adjusted for inflation?" by Janet Nguyen (Marketplace, 2023).
      • "Deal or No Deal? Decision Making under Risk in a Large-Payoff Game Show," by Thierry Post, Martijn J. van den Assem, Guido Baltussen, and Richard Thaler (American Economic Review, 2008).
      • "Why Game Shows Have Economists Glued to Their TVs," by Charles Florelle (Wall Street Journal, 2006).

    • EXTRAS:
      • "Bowen Kerins on Who Wants to Be a Millionaire" (2000).
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