[HTML][HTML] The st. petersburg paradox
M Peterson - 2019 - plato.stanford.edu
… The standard version of the St. Petersburg paradox is derived from the St. Petersburg
game, which is played as follows: A fair coin is flipped until it comes up heads …
game, which is played as follows: A fair coin is flipped until it comes up heads …
Back to the St. Petersburg paradox?
PR Blavatskyy - Management Science, 2005 - pubsonline.informs.org
… Intuitively, an individual’s utility function must not simply be concave, but it must be
concave relative to an individual’s probability weighting function to avoid the St. Petersburg …
concave relative to an individual’s probability weighting function to avoid the St. Petersburg …
The St. Petersburg Paradox at 300
C Seidl - Journal of Risk and Uncertainty, 2013 - Springer
… In Sections 1 and 2 we give a concise report of the origin of the St. Petersburg Paradox
and the main attempts at its solution. Section 3 provides a rigorous analysis of the St. …
and the main attempts at its solution. Section 3 provides a rigorous analysis of the St. …
On the st. petersburg paradox
J Dutka - Archive for History of Exact Sciences, 1988 - Springer
… (The term "paradox" as used here is akin to its original meaning of contrary to ordinary … but
perhaps the most notorious of all, the "St. Petersburg paradox," is still discussed in the modern …
perhaps the most notorious of all, the "St. Petersburg paradox," is still discussed in the modern …
The mean, the median, and the St. Petersburg paradox
… Finally, we argue that the distribution of outcomes embodied in the St. Petersburg paradox
is so divergent from the Gaussian form that the statistical mean is a poor estimator of expected …
is so divergent from the Gaussian form that the statistical mean is a poor estimator of expected …
The St. Petersburg paradox as a divergent double limit
PA Samuelson - International Economic Review, 1960 - JSTOR
… The St. Petersburg Paradox, in which Paul refuses to pay Peter the extraordinarily high price
… moneygain computes for the privilege of Paul's receiving 21 ducats if heads first appears at …
… moneygain computes for the privilege of Paul's receiving 21 ducats if heads first appears at …
[PDF][PDF] The St. Petersburg paradox and bounded utility
GW Bassett Jr - History of Political Economy, 1987 - gib.people.uic.edu
… demonstrating the solution of the Petersburg paradox according to the logarithmic formula
for subjective value (contrary to the views expressed for more than one hundred years in the …
for subjective value (contrary to the views expressed for more than one hundred years in the …
St. Petersburg paradoxes: Defanged, dissected, and historically described
PA Samuelson - Journal of Economic Literature, 1977 - JSTOR
… THE St. Petersburg paradox constitutes a fascinating chapter in the history of ideas…
What other subject can link together Edward Gibbon and the father-inlaw of Thomas Mann? …
What other subject can link together Edward Gibbon and the father-inlaw of Thomas Mann? …
The St. Petersburg paradox: an experimental solution
S Da Silva, R Matsushita - Physica A: Statistical Mechanics and its …, 2016 - Elsevier
… The St. Petersburg paradox refers to a gamble of infinite expected value, where people are
likely … We find an α = 1 and, thus, the underlying distribution of the game is a Cauchy flight, as …
likely … We find an α = 1 and, thus, the underlying distribution of the game is a Cauchy flight, as …
[PDF][PDF] The st. petersburg paradox and Pascal's Wager
J Jordan - Philosophia, 1994 - academia.edu
… In what follows I argue that the St. … Petersburg paradox since it is clear, I think, that if
the Wager fails, it does so due to some problem other than the St. …
the Wager fails, it does so due to some problem other than the St. …
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