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Statistical Gambler's Ruin Problem

✍ Scribed by Tsay, Jyh-Jian; Andy Tsao, C.

Book ID
126560470
Publisher
Taylor and Francis Group
Year
2003
Tongue
English
Weight
279 KB
Volume
32
Category
Article
ISSN
0361-0926

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Problem 71-21, A Gambler's Ruin Problem
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
Gambler's Ruin Problem in Several Dimensions
✍ 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)