How to gamble against all odds

Bavly, Gilad and Peretz, Ron (2013) How to gamble against all odds. The London School of Economics and Political Science, London, UK.

Preview

PDF - Published Version Download (269Kb) | Preview

• LSE expert's profile
• Related Item

Abstract

We compare the prediction power of betting strategies (aka martingales) whose wagers take values in different sets of reals. A martingale whose wagers take values in a set A is called an A-martingale.A set of reals B anticipates a set A, if for every A-martingale there is a countable set of B-martingales, such that on every binary sequence on which the A-martingale gains an infinite amount at least one of the B-martingales gains an infinite amount, too. We show that for a wide class of pairs of sets A and B, B anticipates A if and only if A is a subset of the closure of rB, for some r > 0, e.g., when B is well ordered (has no left-accumulation points). Our results answer a question posed by Chalcraft et al. (2012).

Item Type:	Monograph (Working Paper)
Official URL:	http://www.lse.ac.uk/maths/home.aspx
Additional Information:	© 2013 The Author
Library of Congress subject classification:	Q Science > QA Mathematics
Sets:	Departments > Mathematics
Date Deposited:	21 Nov 2013 11:17
URL:	http://eprints.lse.ac.uk/54506/

Actions (login required)

Record administration - authorised staff only