Finding an optimizing strategy for risk systems

• Main Author: Garcia, Michael F.
• Format: text
• Language: English
• Published: Animo Repository 1993
• Subjects: Mathematical optimization; Probabilities; Risk; Programming (Mathematics); Games of strategy (Mathematics)
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/16111
• Institution: De La Salle University

Risk systems refer to phenomena such as gambling, investing in stocks, and issuing insurance policies. The main problem in these systems is that of finding a strategy that would optimize profits. This thesis investigate one of the fundamental risk systems: games of chance, particularly dice games....