How To Gamble If You Must Inequalities For Stochastic Processes By Lester E Dubins And Leonard J Savage

How to Gamble If You Must

This classic of advanced statistics is geared toward graduate-level readers and uses the concepts of gambling to develop important ideas in probability theory. The authors have distilled the essence of many years' research into a dozen concise chapters. "Strongly recommended" by the Journal of the American Statistical Association upon its initial publication, this revised and updated edition features contributions from two well-known statisticians that include a new Preface, updated references, and findings from recent research. Following an introductory chapter, the book formulates the gambler's problem and discusses gambling strategies. Succeeding chapters explore the properties associated with casinos and certain measures of subfairness. Concluding chapters relate the scope of the gambler's problems to more general mathematical ideas, including dynamic programming, Bayesian statistics, and stochastic processes. Dover (2014) revised and updated republication of the 1976 Dover edition entitled Inequalities for Stochastic Processes. See every Dover book in print at www.doverpublications.com

How to Gamble If You Must

Revised and updated edition of the classic of advanced statistics. Uses concepts of gambling to develop important ideas in probability theory. "Strongly recommended." — Journal of the American Statistical Association. 2014 edition.

How to Gamble If You Must; Inequalities for Stochastic Processes [by] Lester E. Dubins [and] Leonard J. Savage