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The theory of gambling and statistical logic
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ISBN: 9780123749406 0123749409 1282345176 9781282345171 9786612345173 6612345179 0080958613 9780080958613 Year: 2009 Publisher: Burlington, MA Academic Press

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Abstract

Early in his rise to enlightenment, man invented a concept that has since been variously viewed as a vice, a crime, a business, a pleasure, a type of magic, a disease, a folly, a weakness, a form of sexual substitution, an expression of the human instinct. He invented gambling. Recent advances in the field, particularly Parrondo's paradox, have triggered a surge of interest in the statistical and mathematical theory behind gambling. This interest was acknowledge in the motion picture, ""21,"" inspired by the true story of the MIT students who mastered the art of card counting to rea


Book
Taxation and regulation of smoking, drinking and gambling in the european Union
Authors: --- --- ---
ISBN: 9789058333841 9058333841 Year: 2009


Book
A guide to Monte Carlo simulations in statistical physics
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ISBN: 9780521768481 0521768489 9780511994944 9781107649804 9780511651762 0511651767 051199494X 9780511632532 0511632533 1107649803 0511631324 1139636693 0511633734 Year: 2009 Publisher: Cambridge : Cambridge University Press,

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Dealing with all aspects of Monte Carlo simulation of complex physical systems encountered in condensed-matter physics and statistical mechanics, this book provides an introduction to computer simulations in physics. This edition now contains material describing powerful new algorithms that have appeared since the previous edition was published, and highlights recent technical advances and key applications that these algorithms now make possible. Updates also include several new sections and a chapter on the use of Monte Carlo simulations of biological molecules. Throughout the book there are many applications, examples, recipes, case studies, and exercises to help the reader understand the material. It is ideal for graduate students and researchers, both in academia and industry, who want to learn techniques that have become a third tool of physical science, complementing experiment and analytical theory.


Book
Casino state
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ISBN: 0802096883 1442687541 9781442687547 9780802096883 1442692235 Year: 2009 Publisher: Toronto [Ont.] University of Toronto Press

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While there has been an unprecedented explosion of legalized gambling in Canada - particularly in the form of casinos and electronic games - the public has become increasingly aware of addictions to gambling. Casino State is a timely collection that examines the controversial role of the state as a promoter of gambling activities often against the best interest of its citizens. Investigating the tensions that arise from the relationships between gambling and morality, risk, social policy, crime, and youth problem gambling, these essays draw upon a range of disciplines to consider the economic benefits and social costs of legalized gambling. A contemporary study that raises important questions about state conduct, precarious policy issues, public health, and addictions, Casino State provides a necessary and comprehensive overview of the central issues related to the legalization and expansion of gambling in Canada.


Book
Monte Carlo and Quasi-Monte Carlo Sampling
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ISBN: 1282068733 9786612068737 038778165X 0387781641 9780387781655 9780387781648 Year: 2009 Publisher: New York, NY : Springer New York : Imprint: Springer,

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Quasi–Monte Carlo methods have become an increasingly popular alternative to Monte Carlo methods over the last two decades. Their successful implementation on practical problems, especially in finance, has motivated the development of several new research areas within this field to which practitioners and researchers from various disciplines currently contribute. This book presents essential tools for using quasi–Monte Carlo sampling in practice. The first part of the book focuses on issues related to Monte Carlo methods—uniform and non-uniform random number generation, variance reduction techniques—but the material is presented to prepare the readers for the next step, which is to replace the random sampling inherent to Monte Carlo by quasi–random sampling. The second part of the book deals with this next step. Several aspects of quasi-Monte Carlo methods are covered, including constructions, randomizations, the use of ANOVA decompositions, and the concept of effective dimension. The third part of the book is devoted to applications in finance and more advanced statistical tools like Markov chain Monte Carlo and sequential Monte Carlo, with a discussion of their quasi–Monte Carlo counterpart. The prerequisites for reading this book are a basic knowledge of statistics and enough mathematical maturity to follow through the various techniques used throughout the book. This text is aimed at graduate students in statistics, management science, operations research, engineering, and applied mathematics. It should also be useful to practitioners who want to learn more about Monte Carlo and quasi–Monte Carlo methods and researchers interested in an up-to-date guide to these methods. Christiane Lemieux is an Associate Professor and the Associate Chair for Actuarial Science in the Department of Statistics and Actuarial Science at the University of Waterloo in Canada. She is an Associate of the Society of Actuaries and was the winner of a "Young Researcher Award in Information-Based Complexity" in 2004.


Book
Explorations in monte carlo methods
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ISBN: 038787836X 9786613562890 1280384972 0387878378 Year: 2009 Publisher: Dordrecht, Netherlands ; New York : Springer,

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Monte Carlo methods are among the most used and useful computational tools available today, providing efficient and practical algorithims to solve a wide range of scientific and engineering problems. Applications covered in this book include optimization, finance, statistical mechanics, birth and death processes, and gambling systems. Explorations in Monte Carlo Methods provides a hands-on approach to learning this subject. Each new idea is carefully motivated by a realistic problem, thus leading from questions to theory via examples and numerical simulations. Programming exercises are integrated throughout the text as the primary vehicle for learning the material. Each chapter ends with a large collection of problems illustrating and directing the material. This book is suitable as a textbook for students of engineering and the sciences, as well as mathematics. The problem-oriented approach makes it ideal for an applied course in basic probability and for a more specialized course in Monte Carlo methods. Topics include probability distributions, counting combinatorial objects, simulated annealing, genetic algorithms, option pricing, gamblers ruin, statistical mechanics, sampling, and random number generation.


Book
Vortex dynamics, statistical mechanics, and planetary atmospheres
Authors: --- ---
ISBN: 1282442651 9786612442650 9812839143 9789812839145 9789812839121 9812839127 9789812839138 9812839135 Year: 2009 Publisher: Hackensack, NJ : World Scientific,

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Vortex Dynamics, Statistical Mechanics, and Planetary Atmospheres introduces the reader with a background in either fluid mechanics or statistical mechanics to the modeling of planetary atmospheres by barotropic and shallow-water models. These potent models are introduced in both analytical and numerical treatments highlighting the ways both approaches inform and enlighten the other. This book builds on Vorticity, Statistical Mechanics, and Monte Carlo Simulations by Lim and Nebus in providing a rare introduction to this intersection of research fields. While the book reaches the cutting edge


Book
Dynamic Linear Models with R
Authors: --- ---
ISBN: 0387772375 9786612292156 1282292153 0387772383 Year: 2009 Publisher: New York, NY : Springer New York : Imprint: Springer,

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State space models have gained tremendous popularity in recent years in as disparate fields as engineering, economics, genetics and ecology. After a detailed introduction to general state space models, this book focuses on dynamic linear models, emphasizing their Bayesian analysis. Whenever possible it is shown how to compute estimates and forecasts in closed form; for more complex models, simulation techniques are used. A final chapter covers modern sequential Monte Carlo algorithms. The book illustrates all the fundamental steps needed to use dynamic linear models in practice, using R. Many detailed examples based on real data sets are provided to show how to set up a specific model, estimate its parameters, and use it for forecasting. All the code used in the book is available online. No prior knowledge of Bayesian statistics or time series analysis is required, although familiarity with basic statistics and R is assumed. Giovanni Petris is Associate Professor at the University of Arkansas. He has published many articles on time series analysis, Bayesian methods, and Monte Carlo techniques, and has served on National Science Foundation review panels. He regularly teaches courses on time series analysis at various universities in the US and in Italy. An active participant on the R mailing lists, he has developed and maintains a couple of contributed packages. Sonia Petrone is Associate Professor of Statistics at Bocconi University,Milano. She has published research papers in top journals in the areas of Bayesian inference, Bayesian nonparametrics, and latent variables models. She is interested in Bayesian nonparametric methods for dynamic systems and state space models and is an active member of the International Society of Bayesian Analysis. Patrizia Campagnoli received her PhD in Mathematical Statistics from the University of Pavia in 2002. She was Assistant Professor at the University of Milano-Bicocca and currently works for a financial software company.


Book
Dynamics of Gambling: Origins of Randomness in Mechanical Systems
Authors: --- --- --- ---
ISBN: 3642039596 9786613561893 364203960X 1280383976 Year: 2009 Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer,

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This monograph presents a concise discussion of the dynamics of mechanical randomizers (coin tossing, die throw and roulette). The authors derive the equations of motion, also describing collisions and body contacts. It is shown and emphasized that, from the dynamical point of view, outcomes are predictable, i.e. if an experienced player can reproduce initial conditions with a small finite uncertainty, there is a good chance that the desired final state will be obtained. Finally, readers learn why mechanical randomizers can approximate random processes and benefit from a discussion of the nature of randomness in mechanical systems. In summary, the book not only provides a general analysis of random effects in mechanical (engineering) systems, but addresses deep questions concerning the nature of randomness, and gives potentially useful tips for gamblers and the gaming industry.

Keywords

Stochastic processes --- Mechanics --- Gambling --- Engineering & Applied Sciences --- Civil & Environmental Engineering --- Applied Physics --- Civil Engineering --- Stochastic processes. --- Mechanics. --- Gambling. --- Classical mechanics --- Newtonian mechanics --- Betting --- Chance, Games of --- Games of chance --- Gaming (Gambling) --- Random processes --- Physics. --- Dynamics. --- Ergodic theory. --- Game theory. --- Statistics. --- Vibration. --- Dynamical systems. --- Theoretical, Mathematical and Computational Physics. --- Vibration, Dynamical Systems, Control. --- Dynamical Systems and Ergodic Theory. --- Statistics for Engineering, Physics, Computer Science, Chemistry and Earth Sciences. --- Game Theory, Economics, Social and Behav. Sciences. --- Physics --- Dynamics --- Quantum theory --- Games --- Casinos --- Wagers --- Probabilities --- Differentiable dynamical systems. --- Mathematics. --- Classical Mechanics. --- Math --- Science --- Statistical analysis --- Statistical data --- Statistical methods --- Statistical science --- Mathematics --- Econometrics --- Differential dynamical systems --- Dynamical systems, Differentiable --- Dynamics, Differentiable --- Differential equations --- Global analysis (Mathematics) --- Topological dynamics --- Cycles --- Sound --- Mathematical physics. --- Statistics . --- Games, Theory of --- Theory of games --- Mathematical models --- Ergodic transformations --- Continuous groups --- Mathematical physics --- Measure theory --- Transformations (Mathematics) --- Dynamical systems --- Kinetics --- Mechanics, Analytic --- Force and energy --- Statics --- Physical mathematics


Book
Problem Gambling in Europe : Challenges, Prevention, and Interventions
Authors: --- ---
ISBN: 0387094857 9786612236235 1282236237 0387094865 3540094857 9783540094852 9780387094854 Year: 2009 Publisher: New York, NY : Springer New York : Imprint: Springer,

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Problem Gambling in Europe Challenges, Prevention, and Interventions Edited by Gerhard Meyer, University of Bremen, Germany Tobias Hayer, University of Bremen, Germany Mark Griffiths, Nottingham Trent University, United Kingdom As a leisure activity, gambling dates back to ancient times. More recently, the surge in avenues for gambling—casinos, sports betting, lotteries, and remote media (e.g.,Internet, mobile phone, interactive television) among them—finds growing numbers of people losing control over their gambling behaviour, usually at great personal and financial expense. Problem Gambling in Europe is the first book to offer a robust international knowledge base compiled by an interdisciplinary panel of researchers in gambling behaviour. Reports from 21 countries throughout Western, Eastern, Northern, and Southern Europe reveal wide variations in types of wagering activities, participation by populations, social and criminal consequences related to pathological gambling, the extent to which governments acknowledge the problem, and efforts to control it (often with the involvement of the gaming industries). For each country, noted experts discuss: Current legislation regulating gambling. Forms of gambling and their addictive potential. Participation rates and demographics. Prevalence of pathological gambling. National policies to address problem gambling. Prevention strategies and treatment methods. Problem Gambling in Europe brings insight and clarity to a widespread and complex phenomenon, and will be of considerable interest to all parties working to reduce their negative effects: social science researchers in addictions, gambling behaviour, and public health; clinical, social, and health psychologists and psychiatrists; treatment practitioners; the gaming industry; regulators; and policy makers.

Keywords

Compulsive gambling --- Gambling --- Betting --- Chance, Games of --- Games of chance --- Gaming (Gambling) --- Pathological gambling --- Problem gambling --- Government policy --- Law and legislation --- Psychology. --- Public health. --- Sociology. --- Clinical psychology. --- Health psychology. --- Personality. --- Social psychology. --- Clinical Psychology. --- Public Health. --- Sociology, general. --- Personality and Social Psychology. --- Law and Psychology. --- Health Psychology. --- Games --- Casinos --- Wagers --- Compulsive behavior --- Impulse control disorders --- Statistical thermodynamics. --- Psychology, clinical. --- Consciousness. --- Law --- Psychological aspects. --- Juridical psychology --- Juristic psychology --- Legal psychology --- Psychology, Juridical --- Psychology, Juristic --- Psychology, Legal --- Psychology, Applied --- Therapeutic jurisprudence --- Apperception --- Mind and body --- Perception --- Philosophy --- Psychology --- Spirit --- Self --- Health psychology --- Health psychology, Clinical --- Psychology, Clinical health --- Psychology, Health --- Salutogenesis --- Clinical psychology --- Medicine and psychology --- Behavioral sciences --- Mental philosophy --- Mind --- Science, Mental --- Human biology --- Soul --- Mental health --- Mass psychology --- Psychology, Social --- Human ecology --- Social groups --- Sociology --- Personal identity --- Personality psychology --- Personality theory --- Personality traits --- Personology --- Traits, Personality --- Individuality --- Persons --- Temperament --- Social theory --- Social sciences --- Community health --- Health services --- Hygiene, Public --- Hygiene, Social --- Public health services --- Public hygiene --- Social hygiene --- Health --- Human services --- Biosecurity --- Health literacy --- Medicine, Preventive --- National health services --- Sanitation --- Psychiatry --- Psychological tests

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