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Original Articles

Surrogate utilities in civil engineering: the Kelly criterion and Shannon's information

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Pages 242-246 | Published online: 20 Sep 2007

References

  • Thorp , E. O. Portfolio choice and the Kelly criterion , in Stochastic Optimization Models in Finance , Ed. Ziemba & Vickson , Academic Press , New York , 1982 , 599 – 619
  • Bernardo , J. M. Expected information as expected utility , Annals of Statistics , 1979 , 7 , ( 5 ), 686 – 690
  • Caselton , W. F. and Zidek , J. V. Optimal monitoring network design , Statistics and Probability Letters (in press)
  • Caselton , W. F. and Husain , T. Hydrologic networks-information transmission , J, Water Resour. Manage. ASCE , Vol 106 ( WR2 ) 503 – 520

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