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Probability Theory on Coin Toss Space

  • Steven E. Shreve
Part of the Springer Finance book series (FINANCE)

Abstract

A finite probability space is used to model a situation in which a random experiment with finitely many possible outcomes is conducted. In the context of the binomial model of the previous chapter, we tossed a coin a finite number of times.

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Copyright information

© Springer Science+Business Media New York 2005

Authors and Affiliations

  • Steven E. Shreve
    • 1
  1. 1.Department of Mathematical SciencesCarnegie Mellon UniversityPittsburghUSA

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