Considering the Pasadena “Paradox”
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | Considering the Pasadena “Paradox” | |
| Creator | Vivian, RW | |
| Description | Nover and Hjek (2004) suggested a variant of the St Petersburg game which they dubbed the Pasadena game. They hold that their game is more paradoxical than the St Petersburg game in several aspects. The purpose of this article is to demonstrate theoretically and to validate by simulation, that their game does not lead to a paradox at all, let alone in the St Petersburg game sense. Their game does not produce inconsistencies in decision theory. | |
| Publisher | AOSIS Publishing | |
| Date | 2014-07-10 | |
| Identifier | 10.4102/sajems.v9i2.1152 | |
| Source | South African Journal of Economic and Management Sciences; Vol 9, No 2 (2006); 277-284 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/1152/394
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