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The Gambler's Problem and Beyond [article]

Baoxiang Wang, Shuai Li, Jiajin Li, Siu On Chan
2020 arXiv   pre-print
We analyze the Gambler's problem, a simple reinforcement learning problem where the gambler has the chance to double or lose the bets until the target is reached.  ...  We provide the exact formula for the optimal value function for both the discrete and the continuous cases.  ...  Sutton and Andrew G. Barto for raising the Gambler's problem in their book, and Richard S. Sutton for the discussions on our theorems and implications.  ... 
arXiv:2001.00102v3 fatcat:67gmjcaffvbrxkvnsv3nvz5mti

Sympathetic magic and perceptions of randomness: The hot hand versus the gambler's fallacy

Christopher J. R. Roney, Lana M. Trick
2009 Thinking and Reasoning  
When this same reasoning is applied to people's judgements about their own successes and failures, it provides an interesting way of understanding the plight of the problem gambler.  ...  It would, however, extend their ideas beyond the case of one's own personal control, to include observations of others.  ... 
doi:10.1080/13546780902847137 fatcat:rwrhodeqirevxoizmpiw2iu6li

Reconsidering the Inverse Gambler's Fallacy Charge Against the Fine-Tuning Argument for the Multiverse

Simon Friederich
2018 Journal for General Philosophy of Science, Zeitschrift für allgemeine Wissenschaftstheorie  
The present paper considers two fine-tuning problems that seem promising to consider because they are in many respects analogous to the problem of the fine-tuned constants.  ...  Or does the inference from fine-tuning to a multiverse commit what Hacking calls the inverse gambler's fallacy?  ...  , and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.  ... 
doi:10.1007/s10838-018-9422-3 fatcat:iotb3nklifc6ri225tf4icdomm

Gambler ruin random walks and brownian motions in reserves modeling, application to pensions funds sustainability [article]

Manuel Alberto M. Ferreira, José António Filipe
2021 arXiv   pre-print
We used the random walk to model the problem of reserves.  ...  This classic approach to the study of pension funds makes possible to draw interesting conclusions about the problem of reserves.  ...  Acknowledgments: This work is financially supported by the Information Sciences, Technologies and Architecture Research Center (ISTAR-IUL), to which the authors are grateful.  ... 
arXiv:2109.10313v1 fatcat:tjcdl5o7evbvvenevedwnutw3y

Page 53 of Journal of Marital and Family Therapy Vol. 12, Issue 1 [page]

1986 Journal of Marital and Family Therapy  
CONCLUSION The issues raised in this paper extend beyond Marriage Encounter to the general field of marriage enrichment and family life education.  ...  Third, although problems with parenting did not emerge as an important concern in this non-clinical sample, our clinical experience and that of the therapists whose cases were described by Doherty and  ... 

Conditional expectation of the duration of the classical gambler problem with defects [article]

A. Ciallella, E. N. M. Cirillo
2018 arXiv   pre-print
The problem we study in this paper is strictly connected to the classical gambler's ruin problem, indeed, it can be thought as that problem in which the rules of the game are changed when the gambler's  ...  The problem is approached both numerically, via Monte Carlo simulations, and analytically with two different techniques yielding different representations of the exact result.  ...  The residence time problem we study in this paper can be rephrased in the language of the classical gambler's ruin problem.  ... 
arXiv:1808.07919v1 fatcat:it774sfgc5flfcwej67szcvsui

Independence of events and errors in understanding it

Chris Roney
2016 Palgrave Communications  
Two well-documented phenomena that occur when people make predictions after a run of a particular outcomethe "gambler's fallacy" and the "hot hand"-are used to illustrate the issue, and research is presented  ...  that highlights the importance of misperceptions of independence.  ...  It is beyond the scope of this article to review the literature on that issue (there is debate, but the Gilovich et al. conclusion has not been disproven; see Alter and Oppenheimer, 2006) .  ... 
doi:10.1057/palcomms.2016.50 fatcat:tkubgdsf2vgj3mxzzzzpvjrrs4

Editorial: An overview of gamblers anonymous

Alka Shaji, Sanju George, Balan Rathakrishnan, Shabbir Amanullah
2021 Internet Journal of Medical Update  
Problem gambling can also adversely affect the gambler's interpersonal relationships 8 and can result in relationship problems, neglect of the family, domestic violence 9 and child abuse.  ...  SPONSORSHIP Sponsorship extends beyond making the twelfth step call and is a life-long commitment to helping another compulsive gambler.  ... 
doi:10.4314/ijmu.v14i2.1 fatcat:b4mu2ygap5f3ximm7363ag7hcq

Simulating Cognition with Quantum Computers [article]

Hongbin Wang, Jack W. Smith, Yanlong Sun
2019 arXiv   pre-print
A quantum mind approach is advocated and we hypothesize a way in which quantum computation might be realized in the brain.  ...  We propose that we need a new mathematics that is capable of expressing more complex mathematical structures to tackle those hard X-problems in cognitive science.  ...  Acknowledgments This work was partially supported by an Air Force Office of Scientific Research (AFOSR) grant (FA9550-12-1-0457), and an Office of Naval Research (ONR) grant (N00014-16-1-2111).  ... 
arXiv:1905.12599v2 fatcat:b7xh23d4bvftppqhluxm6lu3ca

Page 12 of American Architect and Architecture Vol. 115, Issue 2245 [page]

1919 American Architect and Architecture  
I believe every archi- tectural effort towards beauty is approved and ap- plauded far beyond its merit by an admiring public.  ...  not assume re- sponsibility in the sense in which a contractor does, for the simple reason that he is not obliged to take a gambler’s chance nor permitted to share in the gambler’s profits.  ... 

Social Representations of Responsibility in Gambling among Young Adult Gamblers: Control Yourself, Know the Rules, do not become Addicted, and Enjoy the Game..

Annie-Claude Savard, Mélina Bouffard, Jean-Philippe Laforge, Sylvia Kairouz
2022 Critical Gambling Studies  
The responsible gambling approach is the subject of significant debate in the scientific community due to its tendency to individualize responsibility, focusing heavily on the gambler's responsibility  ...  Despite the gambler, and their responsibility, being the focus of responsible gambling discourse, their voices and perspectives remain largely absent.  ...  She holds an FQRSC research chair on the study of gambling and is the head of the Lifestyle and Addiction Research Lab at Concordia University.  ... 
doi:10.29173/cgs88 fatcat:oqrucino6jhn5mw7grbr3gagf4

Gambler's ruin problem and bi-directional grid constrained trading and investment strategies

Aldo Taranto, Shahjahan Khan
2020 Investment Management & Financial Innovations  
Whilst the Gambler's Ruin Problem (GRP) is based on martingales and the established probability theory proves that the GRP is a doomed strategy, this research details how the semimartingale framework is  ...  required to solve the grid trading problem (GTP), i.e. a form of BGC financial markets strategies, and how it can deliver greater return on investment (ROI) for the same level of risk.  ...  The authors would like to thank A/Prof. Ravinesh C. Deo and A/Prof. Ron Addie of the University of Southern Queensland for their invaluable advice on refining this paper.  ... 
doi:10.21511/imfi.17(3).2020.05 fatcat:nbmsnkscjrcwjf7b4fegs3jnzm

Gambling problems in the family – A stratified probability sample study of prevalence and reported consequences

Hanne Gro Wenzel, Anita Øren, Inger Johanne Bakken
2008 BMC Public Health  
The objective of the present stratified probability sample study was to explore the epidemiology of problem gambling in the family in the general population.  ...  Prior studies on the impact of problem gambling in the family mainly include helpseeking populations with small numbers of participants.  ...  Acknowledgements The data collection was financed by the Norwegian Gaming and Foundation Authority.  ... 
doi:10.1186/1471-2458-8-412 pmid:19087339 pmcid:PMC2625355 fatcat:l4zdl4y2qnawtemmx2xvcnf7hm

Development and History of the Probability

2017 International Journal of Science and Research (IJSR)  
It traces how the meaning of mathematics, and applications of the theory evolved over this period.  ...  This paper is concerned with the development of the mathematical theory of probability, from its founding by Pascal and Fermat in an exchange of letters in 1654 to its early nineteenth-century apogee in  ...  The birthday problem (in a slightly different form) appeared in the 1738 edition, the gambler's ruin problem in the 1756 edition.  ... 
doi:10.21275/art20164462 fatcat:zmrzfterbrgcblbcookelboexy

Blowing Bubbles: Heuristics and Biases in the Run-Up of Stock Prices

J. Johnson, G. J. Tellis
2005 Journal of the Academy of Marketing Science  
Use of this heuristic leads to two well-known biases: the hot hand and the gambler's fallacy.  ...  The latter phenomenon could lead to hyped-up prices on the stock market for winning stocks. The authors discuss the managerial, public policy, and research implications of the results.  ...  For example, when facing a run of positive information, consumers may initially resort to trend projection and suffer from the hot hand problem.  ... 
doi:10.1177/0092070305277381 fatcat:iujqmkelhzdvpd7oa7g4jfnhzu
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