A risk-averse strategy for blackjack using fractional dynamic programming

Identifier

etd-0709103-110308

Author

Ryan A. Dutsch, Louisiana State University and Agricultural and Mechanical CollegeFollow

Degree

Master of Science (MS)

Department

Mathematics

Document Type

Thesis

Abstract

We present how blackjack is related to a discrete-time control problem, rather than a zero-sum game. Using the compiler Visual C++, we write a program for a strategy for blackjack, but instead of maximizing the expected value, we use a risk-averse approach. We briefly describe how this risk-averse strategy is solved by using a special type of dynamic programming called fractional dynamic programming.

Date

2003

Document Availability at the Time of Submission

Release the entire work immediately for access worldwide.

Recommended Citation

Dutsch, Ryan A., "A risk-averse strategy for blackjack using fractional dynamic programming" (2003). LSU Master's Theses. 1835.
https://repository.lsu.edu/gradschool_theses/1835

Committee Chair

George Cochran

DOI

10.31390/gradschool_theses.1835