A Guide to the Risk-Averse Gambler and Resolving the St. Petersburg Paradox Once and For All
Lucy Martinez, Doron Zeilberger·2023-08-01·via math.PR updates on arXiv.org
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.