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Utility Theory

  • Utility functions and their equivalence
  • Risk Aversion.
  • CRRA utility and its equivalence with Iso-elastic utilities.

Continue reading “Utility Theory”

Unknown's avatarAuthor appliedprobabilityPosted on April 12, 2017July 5, 2017Categories GamesLeave a comment on Utility Theory

Basic Probability Bounds

  • Markov’s Inequality; Chebychev’s Inequality; Chernoff’s Bound.
  • Bounds for the Poisson Distribution.

Continue reading “Basic Probability Bounds”

Unknown's avatarAuthor appliedprobabilityPosted on April 12, 2017April 20, 2026Categories Probability1 Comment on Basic Probability Bounds

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