Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.
Richard Arnold Epstein
Check all other quotes by Richard Arnold Epstein
Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.
Embed:Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.
Citation
Use the citation below to add this quote to your bibliography:
MLA Style Citation
"Richard Arnold Epstein Quotes." Quoteslyfe.com, 2024. Tue. 31 Dec. 2024. <https://www.quoteslyfe.com/quote/Reflecting-an-amalgam-of-economics-monetary-and-992209>.
Check out
Other quotes of Richard Arnold Epstein
The essence of the phenomenon of gambling is decision making. The act of making a decision consists of selecting one course of action, or strategy, from among the set of admissible strategies.
The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained by empirical observation.
Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.
The French philosopher Pierre-Hyacinthe Azaïs (1766-1845) formalized the statement that good and evil fortune are exactly balanced in that they produce for each person an equivalent result.
There are no conventional games involving conditions of uncertainty without risk.
The earliest full-length account of a chariot race appears in Book xxiii of the Iliad.
A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution.
Other quotes you may like
We were the people who were not in the papers. We lived in the blank white spaces at the edges of print. It gave us more freedom.We lived in the gaps between the stories.
So far China has won the most gold medals, ladies and gentlemen. The Chinese athletes can't wait to get home and show the medals off to the kids who made them.
Our life is all grounded and rooted in love, and without love we may not live.
The industry should take comfort in knowing that WinStar is my main focus after my faith and family.
Every Warrior of the Light has suffered for the most trivial of reasons.
I think it's the entire Washington establishment that is against Trump.
In order to be respected, authority has got to be respectable.