St. Petersburg paradox

名词 n.
中文释义

英文释义

名词 n.
  1. The paradox raised by a particular (theoretical) lottery game that leads to a random variable with infinite expected value (i.e. infinite expected payoff) but nevertheless seems to be worth only a very small amount to the participants.

词形变化

St. Petersburg paradoxes plural Petersburg paradox alternative Saint Petersburg paradox alternative

词源

Named from its resolution by Daniel Bernoulli, one-time resident of the eponymous Russian city, who published his arguments in the Commentaries of the Imperial Academy of Science of Saint Petersburg (Bernoulli 1738). However, the problem was invented by Daniel's cousin, Nicolas Bernoulli.
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