The purpose of philosophy, broadly conceived, can be described as that of attempting to resolve heretofore unsolved conceptual and theoretical problems, especially those that lie at the foundations of knowledge and values. Given the central role of science in acquiring reliable …
Probability in economics
by Hamouda, Omar F., Rowley, Robin
fromRoutledge frontiers of political economy
An introduction to probability -- Expectations and fair values -- Roulette -- Lotto and combinatorial numbers -- Conditional probabilities -- Craps -- Roulette revisited -- Blackjack -- Poker -- Strategic zero-sum games -- Mixed strategies in zero-sum games -- Non-zero-sum games…
INTRODUCES THE FUNDAMENTALS OF PROBABILITY, STATISTICS, DECISION THEORY, AND GAME THEORY, AND FEATURES INTERESTING EXAMPLES OF GAMES OF CHANCE AND STRATEGY TO MOTIVATE AND ILLUSTRATE ABSTRACT MATHEMATICAL CONCEPTS Covering both random and strategic games, Probability, Decisions …