The St. Petersburg Paradox

dc.contributor.author	Aase, Knut K.
dc.date.accessioned	2006-07-18T09:28:43Z
dc.date.available	2006-07-18T09:28:43Z
dc.date.issued	1998-09
dc.identifier.issn	1500-4066
dc.identifier.uri	http://hdl.handle.net/11250/163825
dc.description	Forthcoming in Scandinavian Actuarial Journal	en
dc.description.abstract	The classical St. Petersburg Paradox is discussed in terms of doubling strategies. It is claimed that what was originally thought of as a "paradox" can hardly be considered as very surprising today, but viewed in terms of doubling strategies, we get some results that look paradoxical, at least to the practically oriented investor.	en
dc.format.extent	162221 bytes
dc.format.mimetype	application/pdf
dc.language.iso	eng	en
dc.publisher	Norwegian School of Economics and Business Administration. Department of Finance and Management Science	en
dc.relation.ispartofseries	Discussion paper	en
dc.relation.ispartofseries	1998:12	en
dc.subject	St. Petersburg paradox	en
dc.subject	free lunch	en
dc.subject	arbitrage possibility	en
dc.subject	expected utility	en
dc.subject	certainty equivalent	en
dc.subject	uniform integrability	en
dc.title	The St. Petersburg Paradox	en
dc.type	Working paper	en