Dutch book
In gambling a Dutch book or lock is a set of odds and bets which guarantees a profit, regardless of the outcome of the gamble. It is associated with probabilities implied by the odds not being coherent. In economics a Dutch book usually refers to a sequence of trades that would leave one party strictly worse off and another strictly better off. Typical assumptions in consumer choice theory rule out the possibility that anyone can be Dutch-booked.
Dutch book
In gambling a Dutch book or lock is a set of odds and bets which guarantees a profit, regardless of the outcome of the gamble. It is associated with probabilities implied by the odds not being coherent. In economics a Dutch book usually refers to a sequence of trades that would leave one party strictly worse off and another strictly better off. Typical assumptions in consumer choice theory rule out the possibility that anyone can be Dutch-booked.
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El argumento de la succión fin ...... ento de la succión financiera.
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In gambling a Dutch book or lo ...... ature related to this concept.
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El argumento de la succión fin ...... ento de la succión financiera.
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In gambling a Dutch book or lo ...... at anyone can be Dutch-booked.
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Argumento de la succión financiera
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Dutch book
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