Accession Number:

AD0750285

Title:

Dynamic Programming and Gambling Models

Descriptive Note:

Research rept.

Corporate Author:

CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER

Personal Author(s):

Report Date:

1972-09-01

Pagination or Media Count:

34.0

Abstract:

In the paper the author formulates and obtains optimal gambling strategies for certain gambling models. This is done by setting these models within the framework of dynamic programming also referred to as Markovian decision processes and then using results in this field.

Subject Categories:

  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE