[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 …
The St. Petersburg paradox: A fresh algorithmic perspective
AS Nobandegani, TR Shultz - Proceedings of the AAAI Conference on …, 2020 - aaai.org
… In a recent paper, we show that this paradox can be understood in terms of the mind optimally …
Specifically, we show that the St. Petersburg paradox can be accounted for by a variant of …
Specifically, we show that the St. Petersburg paradox can be accounted for by a variant of …
A Resource‐Rational, Process‐Level Account of the St. Petersburg Paradox
AS Nobandegani, TR Shultz - Topics in Cognitive Science, 2020 - Wiley Online Library
… In this work, we ask whether people's bids on the St. … In this section, we present a brief
overview of the major resolutions of the St. Petersburg paradox, followed by notable critiques of …
overview of the major resolutions of the St. Petersburg paradox, followed by notable critiques of …
Intrinsic Uncertainty-An Explanation of the St. Petersburg Paradox
RR Bhattacharya, N Podder - Petersburg Paradox (May 27, 2022), 2022 - papers.ssrn.com
… One of these examples is the St. Petersburg Paradox, where we argue that the intrinsic
uncertainty is represented by the length of the game, and therefore, the variable of interest is …
uncertainty is represented by the length of the game, and therefore, the variable of interest is …
The St. Petersburg paradox despite risk-seeking preferences: an experimental study
… The St. Petersburg paradox is one of the oldest challenges of expected value theory.
Thus far, explanations of the paradox aim at small probabilities being perceived as zero and …
Thus far, explanations of the paradox aim at small probabilities being perceived as zero and …
From the St. Petersburg paradox to the dismal theorem
S Cato - Environment and Development Economics, 2020 - cambridge.org
… That is, by using extensions of the St. Petersburg paradox, we get a conclusion similar to
the the dismal theorem. These intriguing similarities between the St. …
the the dismal theorem. These intriguing similarities between the St. …
[HTML][HTML] The median-based resolution of the St. Petersburg paradox
T Okabe, M Nii, J Yoshimura - Physics Letters A, 2019 - Elsevier
… Here we show an analytical solution of the St. Petersburg Paradox based on the median of
the probability distribution. The present method provides a reasonable solution to any related …
the probability distribution. The present method provides a reasonable solution to any related …
[PDF][PDF] Don't bet the farm: Decision theory, inductive knowledge, and the St. Petersburg Paradox
S Liu - chance - sebastian-liu.com
… The aim of this paper is offer a solution to the St. Petersburg paradox by giving a different
account of when it’s permissible to ignore certain outcomes. On the present proposal, it’s …
account of when it’s permissible to ignore certain outcomes. On the present proposal, it’s …
A resolution of St. Petersburg paradox
VI Yukalov - Journal of Mathematical Economics, 2021 - Elsevier
… Petersburg paradox is the oldest paradox in decision theory and has played a pivotal role in
… To be precise, first of all, in Section 2, we identify the origin of the St. Petersburg paradox. In …
… To be precise, first of all, in Section 2, we identify the origin of the St. Petersburg paradox. In …
Resolution of the St. Petersburg paradox using Von Mises axiom of randomness
A Berdondini - arXiv preprint arXiv:1907.11054, 2019 - arxiv.org
… the method proposed in this article for resolving the St. Petersburg paradox, we must first
explain the … This approach was developed to study the strategies operating on non-ergodic …
explain the … This approach was developed to study the strategies operating on non-ergodic …
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