Exact(1)
In other words, as the number of repetitions of a gamble approaches infinity, the average gain per trial will become arbitrarily close to the gamble's expected value with probability 1.
Similar(59)
Protestant politicians argue that those steps are not enough, and in recent weeks, as the time of Mr. Trimble's make-or-break gamble approached, a number of Catholic leaders -- including Ireland's prime minister, Bertie Ahern -- joined in the calls for further action.
The standard gamble approach is most consistent with utility theory and is generally preferred by health economists [ 76, 77].
Quality of life values among 31 Austrian undergraduate students were elicited by means of the standard gamble approach.
The amount of QALYs were derived from a sample of primary care patients with symptoms of depression, using a standard gamble approach [ 26].
An alternative approach is to ask patients not only to describe their health status but also to value it using a complex scaling technique such as the standard gamble approach or time trade-off approach.
There are also differences in the valuation method, with the EQ-5D valued using the time-trade off approach and the SF-6D valued using the standard gamble approach.
We believe we have conducted a rigorous study eliciting utilities for CLL health states using the widely used standard gamble approach and assessing the perspective of individuals from the general population.
Professionalism includes the implementation of best practices and rigorous process, to avoid the "gambling" approach that often challenges new CVCs.
(De Finetti didn't use the "sets of desirable gambles" approach to coherence, but rather something almost equivalent to it, see Quaeghebeur (2014) and Miranda and de Cooman (2014) for details).
Zynga, however, has announced it's scrapped its plans to take the online gambling approach.
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