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Nothing is considered more natural than the connection between Isaac Newton’s science and the modernity that came into being during the eighteenth-century Enlightenment. Terms like “Newtonianism” are routinely taken as synonyms for “Enlightenment” and “modern” thought, yet the particular conjunction of these terms has a history full of accidents and contingencies. Modern physics, for example, was not the determined result of the rational unfolding of Newton’s scientific work in the eighteenth century, nor was the Enlightenment the natural and inevitable consequence of Newton’s eighteenth-century reception. Each of these outcomes, in fact, was a contingent event produced by ...
This book investigates, through the problem of the earth's shape, part of the development of post-Newtonian mechanics by the Parisian scientific community during the first half of the eighteenth century. In the Principia Newton first raised the question of the earth's shape. John Greenberg shows how continental scholars outside France influenced efforts in Paris to solve the problem, and he also demonstrates that Parisian scholars, including Bouguer and Fontaine, did work that Alexis-Claude Clairaut used in developing his mature theory of the earth's shape. The evolution of Parisian mechanics proved not to be the replacement of a Cartesian paradigm by a Newtonian one, a replacement that migh...
Written by leading statisticians and probabilists, this volume consists of 104 biographical articles on eminent contributors to statistical and probabilistic ideas born prior to the 20th Century. Among the statisticians covered are Fermat, Pascal, Huygens, Neumann, Bernoulli, Bayes, Laplace, Legendre, Gauss, Poisson, Pareto, Markov, Bachelier, Borel, and many more.
This volume contains thirteen papers that were presented at the 2014 Annual Meeting of the Canadian Society for History and Philosophy of Mathematics/La Société Canadienne d’Histoire et de Philosophie des Mathématiques, held on the campus of Brock University in St. Catharines, Ontario, Canada. It contains rigorously reviewed modern scholarship on general topics in the history and philosophy of mathematics, as well as on the meeting’s special topic, Early Scientific Computation. These papers cover subjects such as •Physical tools used by mathematicians in the seventeenth century •The first historical appearance of the game-theoretical concept of mixed-strategy equilibrium •George...
This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run wealth and minimizes the expected time to arbitrary large goals. In general, the strategy is risky in the short term but as the number of bets increase, the Kelly bettor's wealth tends to be much larger than those with essentially different strategies. So most of the time, the Kelly bettor will have much more wealth tha...
Combinatorics is the branch of discrete mathematics that studies (and counts) permutations, combinations, and arrangements of sets of elements. This book constitutes the first book-length survey of the history of combinatorics and uniquely assembles research in the area that would otherwise be inaccessible to the general reader.
An Annotated Timeline of Operations Research: An Informal History recounts the evolution of Operations Research (OR) as a new science - the science of decision making. Arising from the urgent operational issues of World War II, the philosophy and methodology of OR has permeated the resolution of decision problems in business, industry, and government. The Timeline chronicles the history of OR in the form of self-contained, expository entries. Each entry presents a concise explanation of the events and people under discussion, and provides key sources where further relevant information can be obtained. In addition, books and papers that have influenced the development of OR or helped to educa...
"Part I reprints and reworks Huygens's On Reckoning in Games of Chance. Part II offers a thorough treatment of the mathematics of combinations and permutations, including the numbers since known as "Bernoulli numbers." In Part III, Bernoulli solves more complicated problems of games of chance using that mathematics. In the final part, Bernoulli's crowning achievement in mathematical probability becomes manifest he applies the mathematics of games of chance to the problems of epistemic probability in civil, moral, and economic matters, proving what we now know as the weak law of large numbers."