Optimal Betting Under Parameter Uncertainty: Improving the Kelly Criterion

2013 ◽  
Vol 10 (3) ◽  
pp. 189-199 ◽  
Author(s):  
Rose D. Baker ◽  
Ian G. McHale
2020 ◽  
Vol 2 (1) ◽  
pp. 31
Author(s):  
Jonathan Bartlett

The Kelly Criterion defines an optimal betting strategy for games that have a defined risk and payoff. This letter explores the question of if this can be used as a methodology for analyzing mutation rates.


Sign in / Sign up

Export Citation Format

Share Document