Edward William Lane and Jason Thompson
- Published in print:
- 2012
- Published Online:
- May 2015
- ISBN:
- 9789774165603
- eISBN:
- 9781617975516
- Item type:
- chapter
- Publisher:
- American University in Cairo Press
- DOI:
- 10.5743/cairo/9789774165603.003.0017
- Subject:
- Society and Culture, Middle Eastern Studies
Chess, draughts, backgammon, and “mankaleh” (a board game), were all commonly played particularly by lower classes in coffeehouses. “Tab,” and “seegeh,” were also played by the lower classes and the ...
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Chess, draughts, backgammon, and “mankaleh” (a board game), were all commonly played particularly by lower classes in coffeehouses. “Tab,” and “seegeh,” were also played by the lower classes and the rules of these two plus “mankaleh” are given in detail. Cards were played by all social ranks and almost always for money. Sports were very uncommonly played, but this chapter explains that occasionally wrestling was seen at festivals and that a game called “gareed,” played in teams on horses, would take place in particular in Upper Egypt at a celebration (of a wedding for example) of someone wealthy.Less
Chess, draughts, backgammon, and “mankaleh” (a board game), were all commonly played particularly by lower classes in coffeehouses. “Tab,” and “seegeh,” were also played by the lower classes and the rules of these two plus “mankaleh” are given in detail. Cards were played by all social ranks and almost always for money. Sports were very uncommonly played, but this chapter explains that occasionally wrestling was seen at festivals and that a game called “gareed,” played in teams on horses, would take place in particular in Upper Egypt at a celebration (of a wedding for example) of someone wealthy.
Andrew C. A. Elliott
- Published in print:
- 2021
- Published Online:
- September 2021
- ISBN:
- 9780198869023
- eISBN:
- 9780191905490
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198869023.003.0017
- Subject:
- Mathematics, Applied Mathematics, Probability / Statistics
The board game backgammon illustrates that we can control the effects of risk by understanding chances, controlling our exposure to risk, and attending to the preparation of our responses. If we ...
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The board game backgammon illustrates that we can control the effects of risk by understanding chances, controlling our exposure to risk, and attending to the preparation of our responses. If we understand the risks we face in a financial context, hedging strategies can allow us to shape the overall risk by offsetting some or all of it, but this comes at a price. Financial futures and options are some of the tools that allow financial risks to be shaped in creative ways. Where risks are poorly understood, though, these financial engineering approaches may not always be effective, and have in the past led to financial difficulties.Less
The board game backgammon illustrates that we can control the effects of risk by understanding chances, controlling our exposure to risk, and attending to the preparation of our responses. If we understand the risks we face in a financial context, hedging strategies can allow us to shape the overall risk by offsetting some or all of it, but this comes at a price. Financial futures and options are some of the tools that allow financial risks to be shaped in creative ways. Where risks are poorly understood, though, these financial engineering approaches may not always be effective, and have in the past led to financial difficulties.