Explicit optimal strategy for the Vardi casino with limited playing time

Please use this identifier to cite or link to this item: https://ah.lib.nccu.edu.tw/handle/140.119/29044

DC Field	Value	Language
dc.creator	姚怡慶	zh_TW
dc.creator	Yao, Yi-Ching	-
dc.date	2007-03	-
dc.date.accessioned	2009-06-01T13:30:08Z	-
dc.date.available	2009-06-01T13:30:08Z	-
dc.date.issued	2009-06-01T13:30:08Z	-
dc.identifier.uri	https://nccur.lib.nccu.edu.tw/handle/140.119/29044	-
dc.description.abstract	The Vardi casino with parameter 0 < c < 1 consists of infinitely many tables indexed by their odds, each of which returns the same (negative) expected winnings -c per dollar. A gambler seeks to maximize the probability of reaching a fixed fortune by gambling repeatedly with suitably chosen stakes and tables (odds). The optimal strategy is derived explicitly subject to the constraint that the gambler is allowed to play only a given finite number of times. Some properties of the optimal strategy are also discussed.	-
dc.format.extent	766217 bytes	-
dc.format.mimetype	application/pdf	-
dc.language	en	en
dc.language.iso	en_US	-
dc.relation	Journal of Applied Probability,44,831-837	en
dc.subject	Gambling theory;bold play;primitive casino;finite horizon	-
dc.title	Explicit optimal strategy for the Vardi casino with limited playing time	en
dc.type	article	en
dc.identifier.doi	10.1239/jap/1189717548	en_US
dc.doi.uri	http://dx.doi.org/10.1239/jap/1189717548	en_US
item.grantfulltext	open	-
item.openairecristype	http://purl.org/coar/resource_type/c_18cf	-
item.openairetype	article	-
item.cerifentitytype	Publications	-
item.languageiso639-1	en_US	-
item.fulltext	With Fulltext	-
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