Frases de Richard Arnold Epstein

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Richard Arnold Epstein

Data de nascimento: 5. Março 1927

Richard Arnold Epstein , also known under the pseudonym E. P. Stein, is an American game theorist.

Citações Richard Arnold Epstein

„There are no conventional games involving conditions of uncertainty without risk.“

—  Richard Arnold Epstein

Fonte: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Three, Fundamental Principles Of A Theory Of Gambling, p. 44

„The hope of a positive expected gain lies in detecting a wheel with sufficient bias.“

—  Richard Arnold Epstein

Fonte: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Four, Coins, Wheels, And Oddments, p. 113

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„A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution.“

—  Richard Arnold Epstein

Fonte: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Two, Mathematical Preliminaries, p. 36

„Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.“

—  Richard Arnold Epstein

Fonte: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Nine, Weighted Statistical Logic And Statistical Games, p. 296

„Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.“

—  Richard Arnold Epstein

Fonte: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Three, Fundamental Principles Of A Theory Of Gambling, p. 61

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