bn:03233003n
Noun Concept
Categories: Decision theory paradoxes, Paradoxes of infinity, Mathematical economics, Behavioral finance, Probability theory paradoxes
EN
St. Petersburg paradox  Bernouille's hypothesis  Petersberg Paradox  Petersburg paradox  Saint Petersburg Paradox
EN
The St. Petersburg paradox or St. Petersburg lottery is a paradox related to probability and decision theory in economics. Wikipedia
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EN
The St. Petersburg paradox or St. Petersburg lottery is a paradox related to probability and decision theory in economics. Wikipedia
Paradox involving a game with repeated coin flipping Wikidata
The paradox raised by a particular (theoretical) lottery game that leads to a random variable with infinite expected value (i.e. infinite expected payoff) but nevertheless seems to be worth only a very small amount to the participants. Wiktionary
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