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A Gambler's Ruin Type Problem in Queuing Theory

✍ Scribed by Julian Keilson


Book ID
123684990
Publisher
INFORMS
Year
1963
Tongue
English
Weight
243 KB
Volume
11
Category
Article
ISSN
0030-364X

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Problem 71-21, A Gambler's Ruin Problem
✍ Michael L. Trombetta πŸ“‚ Article πŸ“… 1971 πŸ› Society for Industrial and Applied Mathematics 🌐 English βš– 242 KB
Gambler's Ruin Problem in Several Dimens
✍ Andrej Kmet; Marko PetkovΕ‘ek πŸ“‚ Article πŸ“… 2002 πŸ› Elsevier Science 🌐 English βš– 100 KB

We give an explicit solution of the gambler's ruin problem when the players use two or more currencies. We also determine the asymptotics of the expected duration of the game when both players have equal amounts of each currency.  2002 Elsevier Science (USA)