Academia's Billion-Dollar Roulette

Academia's Billion-Dollar Roulette PDF Author: Ken-Tye Yong
Publisher: Taylor & Francis
ISBN: 1040106927
Category : Education
Languages : en
Pages : 111

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Book Description
This book explores how in a rapidly shifting world, higher education has found itself at the crux of socio-economic, demographic, and technological transformations. This book dives deep into this evolving landscape, navigating the vast complexities of global higher education and its cultural implications. From demographic challenges and economic pressures to the game-changing implications of Artificial Intelligence, this book paints a holistic picture, highlighting the intersections and potential futures of academia. Equipped with meticulous research, global case studies, and enlightening expert opinions, this book offers a rich tapestry of insights that cater to a diverse array of readers. As universities grapple with uncertainties, this book emerges as a compass, offering actionable insights, strategies, and foresight into the transformative potential of various factors. It’s not just a diagnosis of the current state but also a prescription for the road ahead. This book distinguishes itself as a unique and essential discourse in the realm of educational literature, presenting a rich, multidimensional analysis of the crossroads at which higher education currently stands. This book is not just an academic treatise; it is a clarion call to action, urging universities, policymakers, educators, and students to engage deeply with the transformative challenges and opportunities presented by the digital age. This book is tailored for a broad spectrum of readers including Higher education policymakers, university administrators, and educators will find it particularly invaluable. Yet, its accessible language and engaging narratives also appeal to students, and anyone curious about the trajectory of higher education in our rapidly changing world.

Academia's Billion-Dollar Roulette

Academia's Billion-Dollar Roulette PDF Author: Ken-Tye Yong
Publisher: Taylor & Francis
ISBN: 1040106927
Category : Education
Languages : en
Pages : 111

Get Book Here

Book Description
This book explores how in a rapidly shifting world, higher education has found itself at the crux of socio-economic, demographic, and technological transformations. This book dives deep into this evolving landscape, navigating the vast complexities of global higher education and its cultural implications. From demographic challenges and economic pressures to the game-changing implications of Artificial Intelligence, this book paints a holistic picture, highlighting the intersections and potential futures of academia. Equipped with meticulous research, global case studies, and enlightening expert opinions, this book offers a rich tapestry of insights that cater to a diverse array of readers. As universities grapple with uncertainties, this book emerges as a compass, offering actionable insights, strategies, and foresight into the transformative potential of various factors. It’s not just a diagnosis of the current state but also a prescription for the road ahead. This book distinguishes itself as a unique and essential discourse in the realm of educational literature, presenting a rich, multidimensional analysis of the crossroads at which higher education currently stands. This book is not just an academic treatise; it is a clarion call to action, urging universities, policymakers, educators, and students to engage deeply with the transformative challenges and opportunities presented by the digital age. This book is tailored for a broad spectrum of readers including Higher education policymakers, university administrators, and educators will find it particularly invaluable. Yet, its accessible language and engaging narratives also appeal to students, and anyone curious about the trajectory of higher education in our rapidly changing world.

Skin in the Game

Skin in the Game PDF Author: Nassim Nicholas Taleb
Publisher: Random House
ISBN: 0425284638
Category : Philosophy
Languages : en
Pages : 305

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Book Description
#1 NEW YORK TIMES BESTSELLER • A bold work from the author of The Black Swan that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility In his most provocative and practical book yet, one of the foremost thinkers of our time redefines what it means to understand the world, succeed in a profession, contribute to a fair and just society, detect nonsense, and influence others. Citing examples ranging from Hammurabi to Seneca, Antaeus the Giant to Donald Trump, Nassim Nicholas Taleb shows how the willingness to accept one’s own risks is an essential attribute of heroes, saints, and flourishing people in all walks of life. As always both accessible and iconoclastic, Taleb challenges long-held beliefs about the values of those who spearhead military interventions, make financial investments, and propagate religious faiths. Among his insights: • For social justice, focus on symmetry and risk sharing. You cannot make profits and transfer the risks to others, as bankers and large corporations do. You cannot get rich without owning your own risk and paying for your own losses. Forcing skin in the game corrects this asymmetry better than thousands of laws and regulations. • Ethical rules aren’t universal. You’re part of a group larger than you, but it’s still smaller than humanity in general. • Minorities, not majorities, run the world. The world is not run by consensus but by stubborn minorities imposing their tastes and ethics on others. • You can be an intellectual yet still be an idiot. “Educated philistines” have been wrong on everything from Stalinism to Iraq to low-carb diets. • Beware of complicated solutions (that someone was paid to find). A simple barbell can build muscle better than expensive new machines. • True religion is commitment, not just faith. How much you believe in something is manifested only by what you’re willing to risk for it. The phrase “skin in the game” is one we have often heard but rarely stopped to truly dissect. It is the backbone of risk management, but it’s also an astonishingly rich worldview that, as Taleb shows in this book, applies to all aspects of our lives. As Taleb says, “The symmetry of skin in the game is a simple rule that’s necessary for fairness and justice, and the ultimate BS-buster,” and “Never trust anyone who doesn’t have skin in the game. Without it, fools and crooks will benefit, and their mistakes will never come back to haunt them.”

Bringing Down the House

Bringing Down the House PDF Author: Ben Mezrich
Publisher: Simon and Schuster
ISBN: 0743250842
Category : Biography & Autobiography
Languages : en
Pages : 273

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Book Description
The #1 national bestseller, now a major motion picture, 21—the amazing inside story about a gambling ring of M.I.T. students who beat the system in Vegas—and lived to tell how. Robin Hood meets the Rat Pack when the best and the brightest of M.I.T.’s math students and engineers take up blackjack under the guidance of an eccentric mastermind. Their small blackjack club develops from an experiment in counting cards on M.I.T.’s campus into a ring of card savants with a system for playing large and winning big. In less than two years they take some of the world’s most sophisticated casinos for more than three million dollars. But their success also brings with it the formidable ire of casino owners and launches them into the seedy underworld of corporate Vegas with its private investigators and other violent heavies.

The Predictors

The Predictors PDF Author: Thomas A. Bass
Publisher: Henry Holt
ISBN: 9780805057560
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
Readers were first made aware of maverick physicists Doyne Farmer and Norman Packard in "The Eudaemonic Pie, " which chronicled their assault on the casinos of Las Vegas. Now Bass takes readers inside their start-up company, as a motley collection of long-haired Ph.D.s nervously tests its computer forecasting models.

Network World

Network World PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 64

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Book Description
For more than 20 years, Network World has been the premier provider of information, intelligence and insight for network and IT executives responsible for the digital nervous systems of large organizations. Readers are responsible for designing, implementing and managing the voice, data and video systems their companies use to support everything from business critical applications to employee collaboration and electronic commerce.

Game Theory and Postwar American Literature

Game Theory and Postwar American Literature PDF Author: Michael Wainwright
Publisher: Springer
ISBN: 1137601337
Category : Literary Criticism
Languages : en
Pages : 279

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Book Description
If game theory, the mathematical simulation of rational decision-making first axiomatically established by the Hungarian-born American mathematician John von Neumann, is to prove worthy of literary hermeneutics, then critics must be able to apply its models to texts written without a working knowledge of von Neumann's discipline in mind. Reading such iconic novels as Fahrenheit 451, In Cold Blood, and Kiss Tomorrow Goodbye from the perspective of the four most frequently encountered coordination problems - the Stag Hunt, the Prisoner's Dilemma, Chicken, and Deadlock, Game Theory and Postwar American Literature illustrates the significant contribution of mathematical models to literary interpretation. The interdisciplinary approach of this book contributes to an understanding of the historical, political, and social contexts that surround the texts produced in the post-Cold War years, as well as providing a comprehensive model of joining game theory and literary criticism.

Poker

Poker PDF Author: Ole Bjerg
Publisher: University of Michigan Press
ISBN: 0472027999
Category : Games & Activities
Languages : en
Pages : 287

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Book Description
Poker is an extraordinary worldwide phenomenon with major social, cultural, and political implications, and Poker: The Parody of Capitalism investigates the game of poker as a cultural expression of significance not unlike art, literature, film, or music. Tracing the history of poker and comparing the evolution of the game to the development of capitalism, Ole Bjerg complicates prevalent notions of “casino capitalism” and correspondingly facile and simplistic comparisons of late capitalism and poker. By employing Slavoj Žižek’s threefold distinction between imaginary-symbolic-real as a philosophical framework to analyze poker and to understand the basic strategies of the game, Bjerg explores the structural characteristics of poker in relation to other games, making a clear distinction between poker and other gambling games of pure chance such as roulette and craps. With its combination of social theory and empirical research, Poker offers an engaging exploration of a cultural trend. "Poker is a theoretically sophisticated, highly original and innovative treatment of a contemporary social phenomenon, and contributes greatly to our understanding of the nature of contemporary capitalism." —Charles Livingstone, Monash University Australia

Roulette

Roulette PDF Author: Martin Blakey
Publisher: Bookpal
ISBN: 9781742842042
Category : Roulette
Languages : en
Pages : 170

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Book Description
Winning big is the ultimate dream of every punter. Over time, silver bullets have been claimed and refuted. Reputations forged and lost. Fortunes won and lost. Amongst the fluoro chips, glitzy neon lights, permed-up showgirls and Cuban cigars sits a humble mathematician. Having quietly gone about his roulette strategy for 40 years, now is the time, he decides, to release it to the world.

The Death of the Artist

The Death of the Artist PDF Author: William Deresiewicz
Publisher: Henry Holt and Company
ISBN: 1250125529
Category : Art
Languages : en
Pages : 336

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Book Description
A deeply researched warning about how the digital economy threatens artists' lives and work—the music, writing, and visual art that sustain our souls and societies—from an award-winning essayist and critic There are two stories you hear about earning a living as an artist in the digital age. One comes from Silicon Valley. There's never been a better time to be an artist, it goes. If you've got a laptop, you've got a recording studio. If you've got an iPhone, you've got a movie camera. And if production is cheap, distribution is free: it's called the Internet. Everyone's an artist; just tap your creativity and put your stuff out there. The other comes from artists themselves. Sure, it goes, you can put your stuff out there, but who's going to pay you for it? Everyone is not an artist. Making art takes years of dedication, and that requires a means of support. If things don't change, a lot of art will cease to be sustainable. So which account is true? Since people are still making a living as artists today, how are they managing to do it? William Deresiewicz, a leading critic of the arts and of contemporary culture, set out to answer those questions. Based on interviews with artists of all kinds, The Death of the Artist argues that we are in the midst of an epochal transformation. If artists were artisans in the Renaissance, bohemians in the nineteenth century, and professionals in the twentieth, a new paradigm is emerging in the digital age, one that is changing our fundamental ideas about the nature of art and the role of the artist in society.

Derivatives

Derivatives PDF Author: Espen Gaarder Haug
Publisher: John Wiley & Sons
ISBN: 1118836820
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
Derivatives Models on Models takes a theoretical and practical look at some of the latest and most important ideas behind derivatives pricing models. In each chapter the author highlights the latest thinking and trends in the area. A wide range of topics are covered, including valuation methods on stocks paying discrete dividend, Asian options, American barrier options, Complex barrier options, reset options, and electricity derivatives. The book also discusses the latest ideas surrounding finance like the robustness of dynamic delta hedging, option hedging, negative probabilities and space-time finance. The accompanying CD-ROM with additional Excel sheets includes the mathematical models covered in the book. The book also includes interviews with some of the world’s top names in the industry, and an insight into the history behind some of the greatest discoveries in quantitative finance. Interviewees include: Clive Granger, Nobel Prize winner in Economics 2003, on Cointegration Nassim Taleb on Black Swans Stephen Ross on Arbitrage Pricing Theory Emanuel Derman the Wall Street Quant Edward Thorp on Gambling and Trading Peter Carr the Wall Street Wizard of Option Symmetry and Volatility Aaron Brown on Gambling, Poker and Trading David Bates on Crash and Jumps Andrei Khrennikov on Negative Probabilities Elie Ayache on Option Trading and Modeling Peter Jaeckel on Monte Carlo Simulation Alan Lewis on Stochastic Volatility and Jumps Paul Wilmott on Paul Wilmott Knut Aase on Catastrophes and Financial Economics Eduardo Schwartz the Yoga Master of Quantitative Finance Bruno Dupire on Local and Stochastic Volatility Models