3 ms·
The history of probability theory and risk management is filled with mathematicians who were gamblers or had patrons that were. Introducing monte carlo methods
by ImaCake 7y ago
The history of probability theory and risk management is filled with mathematicians who were gamblers or had patrons that were. Introducing monte carlo methods with gambling seems very appropiate considering the history of the topic!
- emarsden 7y agoIndeed! Here's a Python notebook illustrating both Monte Carlo and symbolic analysis of historical gambling problems (the Chevalier de Méré corresponding with Pascal, Pepys corresponding with Newton) https://risk-engineering.org/notebook/coins-dice.html https://risk-engineering.org/notebook/coins-dice.html