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The time resolution of the St Petersburg paradox
A resolution of the St Petersburg paradox is presented. In contrast to the standard resolution, utility is not required. Instead, the time-average performance of the lottery is computed. The final result can be phrased mathematically identically to Daniel Bernoulli's resolution, which uses loga...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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The Royal Society Publishing
2011
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3270388/ https://www.ncbi.nlm.nih.gov/pubmed/22042904 http://dx.doi.org/10.1098/rsta.2011.0065 |