The St.Petersburg Paradox - Maple Application Center
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The St.Petersburg Paradox

Author
: marcus .
Engineering software solutions from Maplesoft
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I will in this worksheet discuss the famous St.Petersburg Paradox
which consists of a fair coin toss game with asymmetric payoffs.
I will do some numerical simulations and show how a risk
averse / risk loving player fits in to such a framework. 

Application Details

Publish Date: January 16, 2010
Created In: Maple 13
Language: English

Tags

economics

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