This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run w...(展开全部)

This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run w...(展开全部)

This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run w...(展开全部)

A Comprehensive Look at Corporate Investment and Asset Valuation from Two of Today's Most Popular and Influential Finance Writers A number of questions come into play when a corporation attempts to add value through its capital investment decisions. How do you precisely value an asset, either incoming or outgoing? Which strategy will provide the greatest value increase, and how...(展开全部)

A Comprehensive Look at Corporate Investment and Asset Valuation from Two of Today's Most Popular and Influential Finance Writers A number of questions come into play when a corporation attempts to add value through its capital investment decisions. How do you precisely value an asset, either incoming or outgoing? Which strategy will provide the greatest value increase, and how...(展开全部)

Theory and Practice is one of Habermas's major works and is widely recognized as a classic in contemporary and social and political theory. Through a series of highly original historical studies, Habermas reexamines the relations between philosophy, science and politics. Beginning with the classical doctrine of politics as developed by Aristotle, he traces the changing constell...(展开全部)

This important new book develops a new concept of autonomy. The notion of autonomy has emerged as central to contemporary moral and political philosophy, particularly in the area of applied ethics. professor Dworkin examines the nature and value of autonomy and uses the concept to analyse various practical moral issues such as proxy consent in the medical context, paternalism, ...(展开全部)

Level design is the creation of levels locales, stages, or missions in a video game. Level design is as much an art as it is a science; it requires artistic skills and know-how as well as an extensive technical knowledge and is an extremely important part of computer game design. Good or bad level design can make or break any game, so it is surprising how little reference mater...(展开全部)