In: Physica A: Statistical Mechanics and its Applications, 2008, vol. 387, no. 24, p. 6151-6158
Financial markets, with their vast range of different investment opportunities, can be seen as a system of many different simultaneous games with diverse and often unknown levels of risk and reward. We introduce generalizations to the classic Kelly investment game [J.L. Kelly, IEEE Transactions on Information Theory 2 (1956) 185–189] that incorporates these features, and use them to investigate...
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In: Physica A: Statistical Mechanics and its Applications, 2004, vol. 332, p. 519-532
Is visitors’ attendance a fair indicator of a web site's quality? Internet sub-domains are usually characterized by power-law distributions of visits, thus suggesting a rich-get-richer process. If this is the case, the number of visits is not a relevant measure of quality. If, on the other hand, there are active players, i.e., visitors who can tell the value of the information available, better...
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