A note on the gambling team method
classification
🧮 math.PR
keywords
systemequationsgamblingprocessteamchainchosencite
read the original abstract
Gerber and Li in \cite{GeLi} formulated, using a Markov chain embedding, a system of equations that describes relations between generating functions of waiting time distributions for occurrences of patterns in a sequence of independent repeated experiments when initial outcomes of the process are known. We show how this system of equations can be obtained by using the classical gambling team technique . We also present a form of solution of the system and give an example showing how first results of trials influence the probabilities that a chosen pattern precedes remaining ones in a realization of the process.
This paper has not been read by Pith yet.
discussion (0)
Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.