The relativistic velocity addition law optimizes a forecast gambler's profit

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We extend the projective covariant bookmaker's bets model to the forecasting gamblers case. The probability of correctness of forecasts shifts probabilities of branching. The formula for the shift of probabilities leads to the velocity addition rule of the special theory of relativity. In the absence of information about bookmaker's wagers the stochastic logarithmic rates completely determines the optimal stakes of forecast gambler.
APFA 6 - Applications of Physics in Financial Analysis 6th International Conference, 4-7 July 2007, Lisbon, Portugal

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Data Analysis, Statistics and Probability, Physics and Society

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http://salesiana.dossiersoluciones.com/handle/123456789/138762

Consulte el texto completo en el siguiente enlace:

https://arxiv.org/abs/0709.4137
 http://arxiv.org/abs/0709.4137

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arXiv