A limit theorem which clarifies the ‘Petersburg Paradox'

DOI10.2307/3213866zbMath0574.60032OpenAlexW2332135001MaRDI QIDQ3694349

Publication date: 1985

Published in: Journal of Applied Probability (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/3213866

zbMATH Keywords

law of large numbers asymptotic behaviour Petersburg game infinitely divisible limit distribution premium value

Mathematics Subject Classification ID

Infinitely divisible distributions; stable distributions (60E07) Central limit and other weak theorems (60F05) Sums of independent random variables; random walks (60G50)

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