On the St. Petersburg paradox

  title={On the St. Petersburg paradox},
  author={Jacques Dutka},
  journal={Archive for History of Exact Sciences},
  • Jacques Dutka
  • Published 1988
  • Mathematics
  • Archive for History of Exact Sciences
Set theory and measure theory were developed in the early part of this century, and subsequently A. N. Kolmogoroff [1] formulated an axiomatic foundation for the mathematical theory of probability. His work was further elaborated by others. Most mathematicians today are agreed that the foundations of probability theory are as well established as any other branch of mathematical analysis. While there are differences among practitioners concerning the range of applicability of probability models… Expand
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