Scott Sumner loves this clip. Watch it first.
I found it a bit sickening. Moreover, to answer his question I have a hard time seeing this game being successful long term in the United States. Someone would very likely be hurt if not killed as a result over a jackpot his size and the game show would be liable.
Indeed, I think there are some places in the United States where you could kill a stealer and get off. How is that for a rent preserving equilibrium?
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