Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Education
Investing Under Uncertainty: Mathematical Models And Computer Simulations, Alfinio Flores
Investing Under Uncertainty: Mathematical Models And Computer Simulations, Alfinio Flores
Colorado Mathematics Teacher
Students do probabilistic models for investment strategies and bankroll management. Students develop a better understanding for the Kelly criterion as a function of paying odds using an interactive graph. Then students conduct computer simulations to compare two investment strategies, first investing a fixed amount, and then using the Kelly criterion.