Add to ORKGThis note explores the mathematical theory to solve modern gambler’s ruin problems. We establish a ruin framework and solve for the probability of bankruptcy. We also show how this relates to the expected time to bankruptcy and review the risk neutral probabilities associated an adjustment to asymmetrical views
AbstractLet prize X in a game be a random variable with a cumulative distribution function F, E[X] ≠...
à paraîtreInternational audienceIn this paper we consider a particular class of problems called mult...
The paper presents an extension of the classical Cramér-Lundberg ruin theory: the famous upper bound...
This note explores the mathematical theory to solve modern gambler’s ruin problems. We establish a ...
The gambler starts with an i unit stake and the casino or house starts with c units. They repeatedly...
This paper introduces a utility formulation to the well-known gambler's ruin problem. An agent who m...
The expected ruin time and the probabilities of ruin are found for the n-player gambler's ruin probl...
AbstractWe determine the distribution of duration in the gambler’s ruin problem given that one speci...
AbstractIn the paper we derive a closed form formula for a probability of success in a roulette-type...
Abstract: This paper introduces a utility formulation to the well-known gambler's ruin problem....
AbstractFormulas for the expected ruin time and the individual ruin probabilities are found for the ...
讨论了赌博问题中的最终破产概率,并给出了破产概率的随机模拟计算流程和一个具体例子的数值模拟结果.计算结果表明,由此方法得到破产概率的估计值与理论值的误差很小.最后,通过随机模拟给出游戏结束的平均次数....
In this paper we show how to answer the first questions (probabilities of success and ruin) using re...
Cataloged from PDF version of article.2-player probability games is an important subject of probabil...
In the paper we derive a closed form formula for a probability of success in a roulette-type game. T...
AbstractLet prize X in a game be a random variable with a cumulative distribution function F, E[X] ≠...
à paraîtreInternational audienceIn this paper we consider a particular class of problems called mult...
The paper presents an extension of the classical Cramér-Lundberg ruin theory: the famous upper bound...
This note explores the mathematical theory to solve modern gambler’s ruin problems. We establish a ...
The gambler starts with an i unit stake and the casino or house starts with c units. They repeatedly...
This paper introduces a utility formulation to the well-known gambler's ruin problem. An agent who m...
The expected ruin time and the probabilities of ruin are found for the n-player gambler's ruin probl...
AbstractWe determine the distribution of duration in the gambler’s ruin problem given that one speci...
AbstractIn the paper we derive a closed form formula for a probability of success in a roulette-type...
Abstract: This paper introduces a utility formulation to the well-known gambler's ruin problem....
AbstractFormulas for the expected ruin time and the individual ruin probabilities are found for the ...
讨论了赌博问题中的最终破产概率,并给出了破产概率的随机模拟计算流程和一个具体例子的数值模拟结果.计算结果表明,由此方法得到破产概率的估计值与理论值的误差很小.最后,通过随机模拟给出游戏结束的平均次数....
In this paper we show how to answer the first questions (probabilities of success and ruin) using re...
Cataloged from PDF version of article.2-player probability games is an important subject of probabil...
In the paper we derive a closed form formula for a probability of success in a roulette-type game. T...
AbstractLet prize X in a game be a random variable with a cumulative distribution function F, E[X] ≠...
à paraîtreInternational audienceIn this paper we consider a particular class of problems called mult...
The paper presents an extension of the classical Cramér-Lundberg ruin theory: the famous upper bound...