Transcription of LECTURES ON COMMUNICATION THEORY
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20A-118. LECTURES ON COMMUNICATION THEORY . D. GABOR. TECHNICAL REPORT NO. 238. APRIL 3, 1952. RESEARCH LABORATORY OF ELECTRONICS. MASSACHUSETTS INSTITUTE OF TECHNOLOGY. CAMBRIDGE, MASSACHUSETTS. ___i __1 IIYPIIYUYL-LI_- 1 IIIDI--C- 1_ I11I1 - I ---- 111. MASSACHUSETTS INSTITUTE OF TECHNOLOGY. RESEARCH LABORATORY OF ELECTRONICS. Technical Report No. 238 April 3, 1952. LECTURES on COMMUNICATION THEORY D. Gabor of the Imperial College of Science and Technology, London This report presents a series of LECTURES that were given under the sponsorship of the Research Laboratory of Electronics during the Fall Term, 1951, at Massachusetts Institute of Technology Abstract These LECTURES on selected chapters of COMMUNICATION THEORY are comple- mentary to the well-known works of American authors on the statistical THEORY of COMMUNICATION , which is not discussed here at any length.
and reasonably pay the tipster a commission in proportion to the expected gain. (Though he would be even more reasonable if he paid only after the race.) This simple example illustrates what information may be worth if it modifies the expecta- tions one step ahead. It also contains the element of exclusivity in the assumption that the odds ...
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