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.


Chapter Three, Fundamental Principles Of A Theory Of Gambling, p. 43 - The Theory of Gambling and Statistical Logic (Revised Edition) 1977

Richard Arnold Epstein Quotes

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,...

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,...

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,...

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,...