Laws of large numbers for cooperative St. Petersburg gamblers (Q2568545): Difference between revisions
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Latest revision as of 02:40, 20 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Laws of large numbers for cooperative St. Petersburg gamblers |
scientific article |
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Laws of large numbers for cooperative St. Petersburg gamblers (English)
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11 October 2005
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General linear combinations of independent winnings in generalized St. Petersburg games are interperted as indiviual gains that result from pooling strategies of different cooperative players. A weak law of large numbers is proved for all such combinations, along with some almost sure results for the smallest and largest accummulation points, and a considerable body of earlier literature is fitted into this cooperative framework. Corresponding weak laws are also established, both conditionally and unconditionally, for random pooling strategies.
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St. Petersburg games
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cooperative players
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deterministic and random pooling strategies
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entropy
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laws of large numbers
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