16 Ottobre, 2015 14:30

MOX Seminar

How to control a process to a goal

William Sudderth, School of Statistics, University of Minnesota - USA

Aula Saleri VI piano - MOX Dipartimento di Matematica - Politecnico di Milano

Suppose that you have a fortune of $10andseektoreach$100 by placing
bets at fixed odds on repetitions of a given event such as the appearance of red(or black) on each spin of a roulette wheel. What is the best strategy for you to reach your goal? What strategy will get you there in the least expected time? What if you are competing with another player?
I will discuss these and related problems in both discrete and continuous
time.

contact: piercesare.secchi@polimi.it