𝔖 Bobbio Scriptorium
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Three-Handed Gambler's Ruin

✍ Scribed by David Stirzaker


Book ID
125064895
Publisher
Applied Probability Trust
Year
2006
Tongue
English
Weight
234 KB
Volume
38
Category
Article
ISSN
0001-8678

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)