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Posted: January 28th, 2022
The subject : Optimal Betting Under Parameter Uncertainty: Improving the Kelly Criterion
Link that can be used : https://pubsonline.informs.org/doi/abs/10.1287/deca.2013.0271
The term paper is expected to provide:
– a clear description of the decision problem considered in the selected reference (3 pts),
– a summary of the main results obtained in the paper (3 pts),
– a discussion of the model and the results (4 pts),
– systematic numerical experiments to explore a particular aspect or a variant of the problem (5 pts).
https://pubsonline.informs.org/doi/abs/10.1287/deca.2013.0271
Optimal Betting Under Parameter Uncertainty: Improving the Kelly Criterion is the title of the paper.
It is possible to utilize the following link: https://pubsonline.informs.org/doi/abs/10.1287/deca.2013.0271
The term paper should include the following information:
– a detailed statement of the decision problem in the chosen reference (3 pts),
– an overview of the paper’s most important findings (3 pts),
– an examination of the model and its outcomes (4 pts),
– a series of numerical experiments to investigate a certain element or variety of the topic (5 pts).
https://pubsonline.informs.org/doi/abs/10.1287/deca.2013.0271
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