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arXiv · 2308.00713

A Guide to the Risk-Averse Gambler and Resolving the St. Petersburg Paradox Once and For All

Lucy Martinez·Doron Zeilberger
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Abstract

We use three kinds of computations: simulation, numeric, and symbolic, to guide risk-averse gamblers in general, and offer particular advice on how to resolve the famous St. Petersburg paradox.

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Lucy Martinez, Doron Zeilberger. 2023-07-31. A Guide to the Risk-Averse Gambler and Resolving the St. Petersburg Paradox Once and For All. https://arxiv.org/abs/2308.00713

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