You are here

St. Petersburg Paradox - Introduction

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.
Identifier: 
http://en.wikipedia.org/wiki/St._Petersburg_paradox
Rating: 
Average: 3 (239 votes)
Creator(s): 
Wikipedia
Cataloger: 
Carolyn Cuff
Publisher: 
Wikipedia
Rights: 
Creative Commons Attribution-ShareAlike