Search Course Communities:
St. Petersburg Paradox - Introduction
Course Topic(s): Probability | Discrete Distributions, geometric and negative binomial | Famous Problems, St. Petersburg paradox
Extensive discussion of the classic St. Petersburg paradox with numerous alternatives given to the classic formulation. Mathematical discussion includes expected value of the classic problem, as well as, the iterated version, and finite version. Different solutions to solving the paradox are given. Philosophical discussion of solutions of the paradox are included.
Resource URL: http://en.wikipedia.org/wiki/St._Petersburg_paradox
To rate this resource on a 1-5 scheme, click on the appropriate icosahedron:
Contributor(s): Wikipedia authors
This resource was cataloged by Carolyn CuffPublisher:
Resource copyright: Creative Commons Attribution-ShareAlike
This review was published on September 25, 2012
Be the first to start a discussion about this resource.