The Monty Hall problem and its generalisations: Part 2
In the previous blog post we looked at the infamous Monty Hall problem and its… Read More »The Monty Hall problem and its generalisations: Part 2
In the previous blog post we looked at the infamous Monty Hall problem and its… Read More »The Monty Hall problem and its generalisations: Part 2
The idea of expected utility is one that attempts to mathematically model the choices individuals… Read More »Von-Neumann, risk, and birds: How to model rational behaviour