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The gambler’s ruin problem with delays

✍ Scribed by Gut, Allan


Book ID
122790623
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
335 KB
Volume
83
Category
Article
ISSN
0167-7152

No coin nor oath required. For personal study only.


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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)