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search results for `gambling game` |u:www.statslab.cam.ac.uk
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Optimization and Control ยท Course Blog
www.statslab.cam.ac.uk/~rrw1/oc/blog.html16 Mar 2012: The game of googol is really a two-person game.". Lecture 13 Pontryagin's Maximum Principle. ... In Section 4.3 (optimal gambling) we saw that timid play is optimal in the gambling problem when the game is favorable to the gambler (p>=0.5). -
Markov Chains Course Blog
www.statslab.cam.ac.uk/~rrw1/markov/blog.html4 Sep 2012: Consider Example Sheet 1 # 10, the gambler's ruin problem played on {0,1,.,10} in the fair game case (p=q=1/2). ... Question #14 on the examples sheet extends the idea of a gambling game between 2 players to that of a game amongst 3 players.
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