submartingale

noun

submartingale

noun

Etymology From sub- + martingale.

1

Mathematics, Sciences A stochastic process for which the conditional expectation of future values given the sequence of all prior values is superior or equal to its current value.

  • If a gambler repeatedly plays a game with positive expectation, his payoff over time is a submartingale.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.