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 …

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 …

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 …

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. …

Rogue ocean waves and the St. Petersburg paradox

P Johns, J Fontana, P Palffy-Muhoray - Physical Review E, 2022 - APS
… We found that the distribution of rare events which resolves the St. Petersburg paradox
also describes the relative height distribution of the largest waves. This result is expected to …

A St Petersburg Paradox for risky welfare aggregation

Z Goodsell - Analysis, 2021 - academic.oup.com
… Here it is shown using an analogue of the St Petersburg Paradox that Anteriority is … , then
the first prospect is at least as good as the second (in this case we say the first dominates the

Did COVID-19 Force a President to Face the St. Petersburg Paradox and Lose the White House?

R Gana - Petersburg Paradox and Lose the White House, 2021 - papers.ssrn.com
… It is far easier for a Leader to invoke the St. Petersburg Paradox (SPP) and, by being a Teacher
to the people, disseminate the dangers of staking too much by ignoring small probabilities…

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 …

[PDF][PDF] Toward a Resolution of the St. Petersburg Paradox

M Kaneko - 2020 - waseda.jp
… choose 83 We call this conflict the St.Petersburg paradox in the narrow sense, which we
write explicitly: (&): the recommendation by the expected reward criterion disagrees with …

[PDF][PDF] Connecting the St. Petersburg paradox, loss-aversion, and the cost of risk

D Espinoza, FG Serpa - 2021 - researchgate.net
… Although the St. Petersburg paradox questioned the validity of the expected value as the
only parameter needed to make decisions under uncertainty, …