3 docs tagged with "game-theory"

Fermats Last Theorem

This book is about personal finance and risk. It starts with an interesting thought experiment about 40/60 % heads or tails and how much of your stake you should bet each time. Then it goes into detail.

This is a history book of people who revolutionized finance with math, game theory, and computers to model how the market work. However, the real world is not a model, and quants are also humans, as the financial crisis showed.