Chapter 1 Equus quagga and Lord Morton’s mare AssignmentTutorOnline The right honourable George Douglas, FRS, 16th Earl of Morton, was perplexed; in 1820, he had sold a chestnut-brown mare to his friend, Sir Gore Ouseley, who had crossed her with `a very fine black Arabian horse’. Both Morton and Ouseley were astonished by the offspring […]

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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), – […]

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