Probability and Finance von Glenn Shafer | It's Only a Game! | ISBN 9780471402268

Probability and Finance

It's Only a Game!

von Glenn Shafer und Vladimir Vovk
Mitwirkende
Autor / AutorinGlenn Shafer
Autor / AutorinVladimir Vovk
Buchcover Probability and Finance | Glenn Shafer | EAN 9780471402268 | ISBN 0-471-40226-5 | ISBN 978-0-471-40226-8
„.... an interesting new mathematical and philosophical framework for probability...“ (Zentralblatt Math, Vol.985, No.10, 2002) „... a creative, entertaining and imaginative book...“ (Short Book Reviews, August 2002)

„Shafer... and Vovk... explain how probability can be based on game theory rather than measure theory, and how doing so allows it to be used in finance with out a lot of distracting an confusing assumptions about randomness.“ (Reference & Research Book News, November 2001)
„.... an interesting new mathematical and philosophical framework for probability...“ (Zentralblatt Math, Vol.985, No.10, 2002)
„... a creative, entertaining and imaginative book...“ (Short Book Reviews, August 2002)
„The first half of this truly original book introduces a novel approach to probability, founded on game theory rather than measure theory. In an admirably clear, scholarly and engaging manner, it traces its historical antecedents, expounds its advantages, develops its technicalities, and addresses its philosophical implications. The second half goes on to do the same for financial modelling. This is a book that should utterly change the way we think about its two topics.“
Philip Dawid (University College London, UK)

Probability and Finance

It's Only a Game!

von Glenn Shafer und Vladimir Vovk
Mitwirkende
Autor / AutorinGlenn Shafer
Autor / AutorinVladimir Vovk
Provides a foundation for probability based on game theory rather than measure theory. * A strong philosophical approach with practical applications.
* Presents in-depth coverage of classical probability theory as well as new theory.