A game with four players

DOI10.1016/0167-7152(94)00101-DMaRDI QIDQ1892965zbMATH OpenOpenAlexFDO

Authors Derek K. Chang

Publication date 3 July 1995

Published in Statistics \& Probability Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0167-7152(94)00101-d

zbMATH Keywords

gambler's ruin problemmartingale

Mathematics Subject Classification ID

Stopping times; optimal stopping problems; gambling theory (60G40)

Review text

In the gambler's ruin problem for \(n \geq 3\) players, each player tosses a fair coin, and if one of them gets a result different from those of the others, he collects one unit from each of the others. Starting with certain initial fortunes \(a_1, \ldots, a_n\), \(T(a_1, \ldots, a_n)\) denotes the time until at least one of the players is ruined. The author treats this problem for \(n = 4\) and computes \(ET (a,a,a,a)\) when the initial fortunes are equal.

Recommendations

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Cites work

• A game with three players
• scientific article; zbMATH DE number 3776540 (Why is no real title available?)

Cited in

(14)

• A game with three players
• The gambler's ruin problem with n players and asymmetric play
• The symmetric \(4\)-player gambler's problem with unequal initial stakes
• The Two-Dimensional Asymmetric Gambler's Ruin Problem withnPlayers and Simulations
• On the N-tower problem and related problems
• Variance of the game duration in the gambler's ruin problem
• scientific article; zbMATH DE number 830055 (Why is no real title available?)
• Variance of the asymmetric n-player gambler’s ruin problem with ties allowed
• Three-handed gambler's ruin
• The ruin time for 3-player gambler’s problem: an approximate formula
• The asymmetric \(n\)-player gambler's ruin problem with ties allowed and simulation
• On the moments of the asymmetric n-player gambler's ruin problem
• The asymmetric n-player gambler's ruin problem with equal initial fortunes
• Three-gambler ruin game: a game theoretic analysis

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