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The median-based resolution of the St. Petersburg paradox

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Publication:2232390
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DOI10.1016/j.physleta.2019.125838zbMath1477.62033OpenAlexW2956581346WikidataQ127464049 ScholiaQ127464049MaRDI QIDQ2232390

Jin Yoshimura, Takuya Okabe, Momoka Nii

Publication date: 5 October 2021

Published in: Physics Letters. A (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.physleta.2019.125838


zbMATH Keywords

complexitydecision makingriskstable distributionSt. Petersburg paradox


Mathematics Subject Classification ID

Central limit and other weak theorems (60F05) Foundations and philosophical topics in statistics (62A01) Decision theory for games (91A35) Compound decision problems in statistical decision theory (62C25)


Related Items (1)

Practical basis of the geometric mean fitness and its application to risk-spreading behavior



Cites Work

  • The St. Petersburg paradox: an experimental solution
  • The time resolution of the St. Petersburg paradox
  • Alternative Approaches to the Theory of Choice in Risk-Taking Situations
  • Exposition of a New Theory on the Measurement of Risk
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