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  • º£ÆÃ¡¤°ÔÀÓ | Cases & Studies in Betting & Gaming | 赌ÚÏ & ÷áÏõ

    date : 2015-05-20 01:10|hit : 1801
    Article] NASH EQUILIBRIUMS IN TWO-PERSON RED-AND-BLACK GAMES
    DocNo of ILP: 1597

    Doc. Type: Article

    Title: NASH EQUILIBRIUMS IN TWO-PERSON RED-AND-BLACK GAMES

    Authors: Chen, MR

    Full Name of Authors: Chen, May-Ru

    Keywords by Author:

    Keywords Plus:

    Abstract: In a two-person red-and-black game, each player wants to maximize the probability of winning the entire fortune of his opponent by gambling repeatedly with suitably chosen stakes. We find the multiplicativity (including submultiplicative and super-multiplicative) of the win probability function is important for the profiles (bold, timid) or (bold, bold) to be a Nash equilibrium. Surprisingly, a Nash equilibrium condition for the profile (bold, any strategy) is also given in terms of multiplicativity. Finally, we search for some suitable conditions such that the profile (timid, timid) is also a Nash equilibrium.

    Cate of OECD: Other engineering and technologies

    Year of Publication: 2012

    Business Area: game

    Detail Business: game

    Country: USA

    Study Area:

    Name of Journal: PROBABILITY IN THE ENGINEERING AND INFORMATIONAL SCIENCES

    Language: English

    Country of Authors: Natl Sun Yat Sen Univ, Kaohsiung 80424, Taiwan

    Press Adress: Chen, MR (reprint author), Natl Sun Yat Sen Univ, Kaohsiung 80424, Taiwan.

    Email Address: mayru@faculty.nsysu.edu.tw

    Citaion:

    Funding: National Science Council of Taiwan [NSC 99-2118-M-110-003]

    Lists of Citation: Chen MR, 2010, J APPL PROBAB, V47, P97; Chen MR, 2011, PROBAB ENG INFORM SC, V25, P119, DOI 10.1017/S0269964810000288; Chen MR, 2009, PROBAB ENG INFORM SC, V23, P37, DOI 10.1017/S0269964809000047; Chen MR, 2006, J APPL PROBAB, V43, P905, DOI 10.1239/jap/1165505196; Dubins L.E., 1976, INEQUALITIES STOCHAS; Maitra A, 1996, DISCRETE GAMBLING ST; Pontiggia L, 2005, ADV APPL PROBAB, V37, P75, DOI 10.1239/aap/1113402400; Pontiggia L, 2007, J APPL PROBAB, V44, P547, DOI 10.1239/jap/1183667420; Ross S.M., 1974, ADV APPL PROBAB, V6, P598; Secchi P, 1997, J APPL PROBAB, V34, P107, DOI 10.2307/3215180

    Number of Citaion: 10

    Publication: CAMBRIDGE UNIV PRESS

    City of Publication: NEW YORK

    Address of Publication: 32 AVENUE OF THE AMERICAS, NEW YORK, NY 10013-2473 USA

    ISSN: 0269-9648

    29-Character Source Abbreviation: PROBAB ENG INFORM SC

    ISO Source Abbreviation: Probab. Eng. Inform. Sci.

    Volume: 26

    Version: 3

    Start of File: 323

    End of File: 336

    DOI: 10.1017/S0269964812000046

    Number of Pages: 14

    Web of Science Category: Engineering, Industrial; Operations Research & Management Science; Statistics & Probability

    Subject Category: Engineering; Operations Research & Management Science; Mathematics

    Document Delivery Number: 955ET

    Unique Article Identifier: WOS:000305000600002

    [ÀÌ °Ô½Ã¹°Àº HyeJung Mo¡¦´Ô¿¡ ÀÇÇØ 2015-05-20 14:37:10 GAMBLING¿¡¼­ À̵¿ µÊ]
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