What s Luck Got to Do with It

Author: Joseph Mazur
Publisher: Princeton University Press
ISBN: 9781400834457
Format: PDF
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Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are "hot" in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What's Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers' trillion-dollar bets. Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling--including the laws of probability, statistics, betting against expectations, and the law of large numbers--and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability. As entertaining as it is informative, What's Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing. Some images inside the book are unavailable due to digital copyright restrictions.

What s Luck Got to Do with It

Author: Joseph Mazur
Publisher: Princeton University Press
ISBN: 9780691138909
Format: PDF, Kindle
Download Now
Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are "hot" in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What's Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers' trillion-dollar bets. Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling--including the laws of probability, statistics, betting against expectations, and the law of large numbers--and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability. As entertaining as it is informative, What's Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing.

Taking Chances

Author: John Haigh
Publisher: Oxford University Press, USA
ISBN: 0198526636
Format: PDF, ePub, Mobi
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"What are the odds against winning the Lotto, The Weakest Link, or Who Wants to be a Millionaire? The answer lies in the science of probability, yet many of us are unaware of how this science works. Every day, people make judgements on a wide variety of situations where chance plays a role, including buying insurance, betting on horse-racing, following medical advice - even carrying an umbrella. In Taking Chances, John Haigh guides the reader round common pitfalls, demonstrates how to make better-informed decisions, and shows where the odds can be unexpectedly in your favour. This new edition has been fully updated, and includes information on top television shows, plus a new chapter on Probability for Lawyers."--BOOK JACKET.

Rediscovering Mathematics

Author: Shai Simonson
Publisher: MAA
ISBN: 0883857707
Format: PDF, ePub
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A guide to effective mathematical education, including a collection of topics and puzzles which aim to reignite interest in mathematics.

Empirical Views on European Gambling Law and Addiction

Author: Simon Planzer
Publisher: Springer Science & Business Media
ISBN: 3319023063
Format: PDF, Mobi
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This book analyses the voluminous and meandering case law on gambling of the Court of Justice from an empirical perspective. It offers a comprehensive overview of the legal situation of gambling services in the EU Single Market. Additionally, the book presents the current state of research on gambling addiction. It then seeks to answer the central research question as to what extent the views of the Court of Justice on gambling find support in empirical evidence. The Court of Justice granted exceptionally wide discretion to the Member States due to a so-called ‘peculiar nature’ of games of chance. With the margin of appreciation having played a key role, the book inquires whether the Court of Justice followed the principles and criteria that normally steer the use of this doctrine. Noting the Court’s special approach, the book elaborates on its causes and consequences. Throughout the book, the approach of the Court of Justice is contrasted with that of its sister court, the EFTA Court. Finally, the potential role of the precautionary principle and of EU fundamental rights in the area of gambling law is examined. Situated at the intersection of law and science, this book seeks to bridge the legal and scientific perspectives and the unique vocabularies common to each. It illustrates the direct relevance of science and empirical research for court cases and policy making. And it contrasts science-informed policy making with the on-going morality discourse on gambling.

The Best Writing on Mathematics 2011

Author: Mircea Pitici
Publisher: Princeton University Press
ISBN: 1400839548
Format: PDF, Mobi
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This anthology brings together the year's finest mathematics writing from around the world. Featuring promising new voices alongside some of the foremost names in the field, The Best Writing on Mathematics 2011 makes available to a wide audience many articles not easily found anywhere else--and you don't need to be a mathematician to enjoy them. These writings offer surprising insights into the nature, meaning, and practice of mathematics today. They delve into the history, philosophy, teaching, and everyday occurrences of math, and take readers behind the scenes of today's hottest mathematical debates. Here Ian Hacking discusses the salient features that distinguish mathematics from other disciplines of the mind; Doris Schattschneider identifies some of the mathematical inspirations of M. C. Escher's art; Jordan Ellenberg describes compressed sensing, a mathematical field that is reshaping the way people use large sets of data; Erica Klarreich reports on the use of algorithms in the job market for doctors; and much, much more. In addition to presenting the year's most memorable writings on mathematics, this must-have anthology includes a foreword by esteemed physicist and mathematician Freeman Dyson. This book belongs on the shelf of anyone interested in where math has taken us--and where it is headed.

How Mathematicians Think

Author: William Byers
Publisher: Princeton University Press
ISBN: 9780691145990
Format: PDF, Docs
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To many outsiders, mathematicians appear to think like computers, grimly grinding away with a strict formal logic and moving methodically--even algorithmically--from one black-and-white deduction to another. Yet mathematicians often describe their most important breakthroughs as creative, intuitive responses to ambiguity, contradiction, and paradox. A unique examination of this less-familiar aspect of mathematics, How Mathematicians Think reveals that mathematics is a profoundly creative activity and not just a body of formalized rules and results. Nonlogical qualities, William Byers shows, play an essential role in mathematics. Ambiguities, contradictions, and paradoxes can arise when ideas developed in different contexts come into contact. Uncertainties and conflicts do not impede but rather spur the development of mathematics. Creativity often means bringing apparently incompatible perspectives together as complementary aspects of a new, more subtle theory. The secret of mathematics is not to be found only in its logical structure. The creative dimensions of mathematical work have great implications for our notions of mathematical and scientific truth, and How Mathematicians Think provides a novel approach to many fundamental questions. Is mathematics objectively true? Is it discovered or invented? And is there such a thing as a "final" scientific theory? Ultimately, How Mathematicians Think shows that the nature of mathematical thinking can teach us a great deal about the human condition itself.

The Drunkard s Walk

Author: Leonard Mlodinow
Publisher: Penguin UK
ISBN: 0141920696
Format: PDF, Docs
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An exhilarating, eye-opening guide to understanding our random world Leonard Mlodinow reveals the psychological illusions that prevent us understanding everything from stock-picking to wine-tasting, winning the lottery to road safety, and reveals the truth about the success of sporting heroes and film stars, and even how to make sense of a blood test. The Drunkard's Walk is an exhilarating, eye-opening guide to understanding our random world - read it, so you won't be left a victim of chance. Leonard Mlodinow has a Ph.D., has been a member of the faculty of the California Institute of Technology and a television writer in Hollywood, as well as developing many award winning CD-Roms. He is currently Vice President of Emerging Technologies and R&D at Scholastic Inc. and lives in New York City. His previous books include A Brief History of Time, which he co-authored, and Euclid's Window and Some Time with Feynman both published by Penguin.

Magic in Theory

Author: Peter Lamont
Publisher: Univ of Hertfordshire Press
ISBN: 1902806506
Format: PDF, ePub, Mobi
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A useful manual for any magician or curious spectator who wonders why the tricks seem so real, this guide examines the psychological aspects of a magician’s work. Exploring the ways in which human psychology plays into the methods of conjuring rather than focusing on the individual tricks alone, this explanation of the general principles of magic includes chapters on the use of misdirection, sleight of hand, and reconstruction, provides a better understanding of this ancient art, and offers a section on psychics that warns of their deceptive magic skills.

The Art of Game Design

Author: Jesse Schell
Publisher: CRC Press
ISBN: 1466598646
Format: PDF, Mobi
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Good game design happens when you view your game from as many perspectives as possible. Written by one of the world's top game designers, The Art of Game Design presents 100+ sets of questions, or different lenses, for viewing a game’s design, encompassing diverse fields such as psychology, architecture, music, visual design, film, software engineering, theme park design, mathematics, puzzle design, and anthropology. This Second Edition of a Game Developer Front Line Award winner: Describes the deepest and most fundamental principles of game design Demonstrates how tactics used in board, card, and athletic games also work in top-quality video games Contains valuable insight from Jesse Schell, the former chair of the International Game Developers Association and award-winning designer of Disney online games The Art of Game Design, Second Edition gives readers useful perspectives on how to make better game designs faster. It provides practical instruction on creating world-class games that will be played again and again.