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Complexity Digest 2010.04 - 19.02
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2010/02/12

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Editor-in-Chief: Carlos Gershenson
Founding Editor: Gottfried Mayer

Dynamics of Gambling: Origins of Randomness in Mechanical Systems, Springer
 









Summary:        This monograph presents a concise discussion of the dynamics of
mechanical randomizers (coin tossing, die throwing and roulette). The authors
derive the equations of motion, also describing collisions and body contacts. It
is shown and emphasized that, from the dynamical point of view, outcomes are
predictable, i.e. if an experienced player can reproduce initial conditions with
a small finite uncertainty, there is a good chance that the desired final state
will be obtained. Finally, readers learn why mechanical randomizers can
approximate random processes and benefit from a discussion of the nature of
randomness in mechanical systems. (...)
Source: Dynamics of Gambling: Origins of Randomness in Mechanical Systems[
http://www.amazon.com/dp/3642039596?tag=compldiges-20&camp=0&creative=0&linkCode=as1&creativeASIN=3642039596&adid=1RENM863ESN94ZW6XGWX&
], Jaroslaw Strzalko et al., Springer, 2010/01/01
Contributed by Anton Joha - antonjohagmail.com

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