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quant-ph2023
A quantum double-or-nothing game: The Kelly Criterion for Spins
Bernhard K Meister, Henry C W Price
A sequence of spin-1/2 particles polarised in one of two possible directions is presented to an experimenter, who can wager in a double-or-nothing game on the outcomes of measureme…
q-fin.PM2023
Gambling the World Away: Myopic Investors
Bernhard K Meister
Myopic investors are locally rational decision-makers but globally irrational. Their suboptimal portfolios lag the market. As a consequence, other market participants are provided…