# On the St. Petersburg Paradox

@article{Aase1998OnTS,
author={Knut K. Aase},
journal={Scandinavian Actuarial Journal},
year={1998},
volume={2001},
pages={69 - 78}
}
• K. Aase
• Published 1 September 1998
• Economics, Mathematics
• Scandinavian Actuarial Journal
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.
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