Description 
1 online resource 

text txt rdacontent 

computer n rdamedia 

online resource nc rdacarrier 
Note 
Includes index. 
Contents 
An introduction to probability  Expectations and fair values  Roulette  Lotto and combinatorial numbers  Conditional probabilities  Craps  Roulette revisited  Blackjack  Poker  Strategic zerosum games  Mixed strategies in zerosum games  Nonzerosum games  Sequential games  A brief introduction to R. 
Note 
Print version record and CIP data provided by publisher. 
Summary 
INTRODUCES THE FUNDAMENTALS OF PROBABILITY, STATISTICS, DECISION THEORY, AND GAME THEORY, AND FEATURES INTERESTING EXAMPLES OF GAMES OF CHANCE AND STRATEGY TO MOTIVATE AND ILLUSTRATE ABSTRACT MATHEMATICAL CONCEPTS Covering both random and strategic games, Probability, Decisions and Games features a variety of gaming and gambling examples to build a better understanding of basic concepts of probability, statistics, decision theory, and game theory. The authors present fundamental concepts such as random variables, rational choice theory, mathematical expectation and variance, fair games, combinatorial calculus, conditional probability, Bayes Theorem, Bernoulli trials, zerosum games and Nash equilibria, as well as their application in games such as Roulette, Craps, Lotto, Blackjack, Poker, RockPaperScissors, the Game of Chicken and TicTacToe. Computer simulations, implemented using the popular R computing environment, are used to provide intuition on key concepts and verify complex calculations. The book starts by introducing simple concepts that are carefully motivated by the same historical examples that drove their original development of the field of probability, and then applies those concepts to popular contemporary games. The first two chapters of Probability, Decisions and Games: A Gentle Introduction using R feature an introductory discussion of probability and rational choice theory in finite and discrete spaces that builds upon the simple games discussed in the famous correspondence between Blaise Pascal and Pierre de Fermat. Subsequent chapters utilize popular casino games such as Roulette and Blackjack to expand on these concepts illustrate modern applications of these methodologies. Finally, the book concludes with discussions on game theory using a number of strategic games. This book:  Features introductory coverage of probability, statistics, decision theory and game theory, and has been classtested at University of California, Santa Cruz for the past six years  Illustrates basic concepts in probability through interesting and fun examples using a number of popular casino games: roulette, lotto, craps, blackjack, and poker  Introduces key ideas in game theory using classic games such as RockPaperScissors, Chess, and TicTacToe.  Features computer simulations using R throughout in order to illustrate complex concepts and help readers verify complex calculations  Contains exercises and approaches games and gambling at a level that is accessible for readers with minimal experience  Adopts a unique approach by motivating complex concepts using first simple games and then moving on to more complex, wellknown games that illustrate how these concepts work together Probability, Decisions and Games: A Gentle Introduction using R is a unique and helpful textbook for undergraduate courses on statistical reasoning, introduction to probability, statistical literacy, and quantitative reasoning for students from a variety of disciplines. ABEL RODRIGUEZ, PhD, is Professor in the Department of Applied Mathematics and Statistics at the University of California, Santa Cruz (UCSC), CA, USA. The author of 40 journal articles, his research interests include Bayesian nonparametric methods, machine learning, spatial temporal models, network models, and extreme value theory. BRUNO MENDES, P. 
Subject 
Game theory  Textbooks.


Game theory  Data processing.


Statistical decision  Textbooks.


Statistical decision  Data processing.


Probabilities  Textbooks.


Probabilities  Data processing.


R (Computer program language)


MATHEMATICS  Applied.


MATHEMATICS  Probability & Statistics  General.


Game theory. (OCoLC)fst00937501


Game theory  Data processing.
(OCoLC)fst00937504


Probabilities. (OCoLC)fst01077737


Probabilities  Data processing.
(OCoLC)fst01077741


R (Computer program language) (OCoLC)fst01086207


Statistical decision. (OCoLC)fst01132059


Statistical decision  Data processing.
(OCoLC)fst01132060


Spieltheorie


Statistische Entscheidungstheorie


Wahrscheinlichkeit


Datenverarbeitung

Genre/Form 
Electronic books.


Textbooks. (OCoLC)fst01423863

Added Author 
Mendes, Bruno, 1970 author.

Other Form: 
Print version: Rodriguez, Abel, 1975 Probability, decisions, and games. Hoboken, NJ : Wiley, 2018 9781119302605 (DLC) 2017047636 
ISBN 
9781119302612 (pdf) 

1119302617 

9781119302629 (epub) 

1119302625 

9781119302643 

1119302641 

9781119302605 (pbk.) 
Standard No. 
AU@ 000062299246 

CHNEW 001003052 

CHVBK 516426753 

GBVCP 1027306683 
