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Inside this Book – Unfortunately, this is not always the case. To begin with, if Peter somehow has knowledge of what the future holds in store for him, he can decide to quit when he gets to the end of a winning streak. But even if we restrict ourselves to stopping rules where the decision to stop or continue is independent of future events, fairness may not be preserved. For example, assume that Peter is allowed to go into debt and can play as long as he wants to. He starts with 0 pennies and decides to play until his fortune is 1 and then quit.
Inside this book –Random Walks and Electric Networks PDF Book by Peter G. Doyle – The work of Snell was carried out while enjoying the hospitality of Churchill College and the Cambridge Statistical Laboratory supported by an NSF Faculty Development Fellowship. He thanks Professors Kendall and Whittle for making this such an enjoyable and rewarding visit. Peter Doyle thanks his father for teaching him how to think like a physicist. We both thank Peter Ney for assigning the problem in Feller that started all this, David Griffeath for suggesting the example
Random Walks and Electric Networks by Peter G. Doyle PDF : eBook Information
- Full Book Name – Random Walks and Electric Networks
- Author of this Book – Peter G. Doyle
- Language – English
- Book Genre – Probability, Probability & Statistics, Mathematics, Electrical Engineering, Engineering
- Download Format – PDF
- Size – 740 KB
- eBook Pages –118
- Price – Free