Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1155261 | Statistics & Probability Letters | 2007 | 6 Pages |
Abstract
A finitely additive probability measure yields fair odds for every finite combination of gambles. A countably additive probability measure yields odds for every countable combination of gambles, but those odds may be grossly unfair.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
John Beam,