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Articles 1 - 4 of 4
Full-Text Articles in Physical Sciences and Mathematics
A Risk-Averse Strategy For Blackjack Using Fractional Dynamic Programming, Ryan A. Dutsch
A Risk-Averse Strategy For Blackjack Using Fractional Dynamic Programming, Ryan A. Dutsch
LSU Master's Theses
We present how blackjack is related to a discrete-time control problem, rather than a zero-sum game. Using the compiler Visual C++, we write a program for a strategy for blackjack, but instead of maximizing the expected value, we use a risk-averse approach. We briefly describe how this risk-averse strategy is solved by using a special type of dynamic programming called fractional dynamic programming.
Gauss' Method Of Least Squares: An Historically-Based Introduction, Belinda B. Brand
Gauss' Method Of Least Squares: An Historically-Based Introduction, Belinda B. Brand
LSU Master's Theses
This work presents Gauss' justification of the method of least squares, following the treatment given by Gauss himself in "Theoria Combinationis Observationum Erroribus Minimis Obnoxiae," where the main idea is to show that the least squares estimate is the unbiased linear estimate of minimum variance. (Actually, we present Gauss' argument both in his terminology and translated into matrix terminology.) We show how this contrasts with Gauss' earlier justfication in "Theoria Motus Corporum Coelestium" which was based on the assumption of a normal distribution of errors, and yielded the estimate of maximum likelihood. We present as a background the development from …
A Parametrization Approach For Solving The Hamilton-Jacobi-Equation And Application To The A2 Toda Lattice, Mohammad Dikko Aliyu
A Parametrization Approach For Solving The Hamilton-Jacobi-Equation And Application To The A2 Toda Lattice, Mohammad Dikko Aliyu
LSU Master's Theses
Hamilton-Jacobi (HJ)-theory is an extension of Lagrangian mechanics and concerns itself with a directed search for a coordinate transformation in which the equations of motion can be easily integrated. The equations of motion of a given mechanical system can often be simplified considerably by a suitable transformation of variables such that all the new position and momemtum coordinates are constants. A particular type of transformation is chosen in such a way that the new equations of motion retain the same form as in the former coordinates; such a transformation is called canonical or contact and can greatly simplify the solution …
Stock Price Modeling And Insider Trading Theory, Jessica J. Guillory
Stock Price Modeling And Insider Trading Theory, Jessica J. Guillory
LSU Master's Theses
The mathematical study of stock price modeling using Brownian motion and stochastic calculus is a relatively new field. The randomness of financial markets, geometric brownian motions, martingale theory, Ito's lemma, enlarged filtrations, and Girsanov's theorem provided the motivation for a simple characterization of the concepts of stock price modeling. This work presents the theory of stochastic calculus and its use in the financial market. The problems on which we focus are the models of an investor's portfolio of stocks with and without the possibility of insider trading, opportunities for fair pricing of an option, enlarged filtrations, consumptions, and admissibility. This …