The time resolution of the St. Petersburg paradox

zbMath1239.91034arXiv1011.4404MaRDI QIDQ2889136

Ole Peters

Publication date: 4 June 2012

Full work available at URL: https://arxiv.org/abs/1011.4404

zbMATH Keywords

utilityergodicityriskexpectationSt. Petersburg paradox

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16) Probabilistic games; gambling (91A60)

Related Items (4)

Evaluating gambles using dynamics ⋮ Understanding frequency distributions of path-dependent processes with non-multinomial maximum entropy approaches ⋮ The median-based resolution of the St. Petersburg paradox ⋮ The personal wealth importance to the intertemporal choice

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