fundamental

  • 131Fundamental theorem of poker — The fundamental theorem of poker is a principle first articulated by David Sklansky that he believes expresses the essential nature of poker as a game of decision making in the face of incomplete information. The Fundamental Theorem is stated in… …

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  • 132Fundamental theorem of arbitrage-free pricing — In a general sense, the fundamental theorem of arbitrage/finance is a way to relate arbitrage opportunities with risk neutral measures that are equivalent to the original probability measure.The fundamental theorem in a finite state marketIn a… …

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