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Betting, Selection, and Luck: A Long-Run Analysis of Repeated Betting Markets
We consider a repeated betting market populated by two agents who wage on a binary event according to generic betting strategies. We derive new simple criteria, based on the difference of relative entropies, to establish the relative wealth of the two agents in the long-run. Little information about...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
MDPI
2019
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7515073/ https://www.ncbi.nlm.nih.gov/pubmed/33267299 http://dx.doi.org/10.3390/e21060585 |