Do Mutation Rates Match the Kelly Criterion?

Jonathan Bartlett

doi:10.33014/issn.2640-5652.2.1.bartlett.2

Jonathan Bartlett

DOI: https://doi.org/10.33014/issn.2640-5652.2.1.bartlett.2

Keywords: kelly criterion, information theory, mutation rate, bet hedging, hedging strategy, evolvability

Abstract

The Kelly Criterion defines an optimal betting strategy for games that have a defined risk and payoff. This letter explores the question of if this can be used as a methodology for analyzing mutation rates.