Probability and Finance: It's Only a Game!

Description

Publisher: Wiley-Interscience; 1 edition
Language: English
ISBN: 0471402265
Paperback: 440 pages
Data: February 1, 2001
Format: PDF
Description: "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."







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