Abstract
THE ST PETERSBURG PARADOX AND THE BERNOULLIAN FORMULATION. Let there be a random prospect g1, …, gi, …, gn, …, p1, …, pi, …, pn (Σipi = 1) giving the probability pi of positive or negative gains gi.
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Allais, M. (1990). Allais Paradox. In: Eatwell, J., Milgate, M., Newman, P. (eds) Utility and Probability. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20568-4_2
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