Opening book details…
Can I read Comment: The petersburg paradox. There we go again. A reply to Bierman and Rapoport on EtoBox?
Comment: The petersburg paradox. There we go again. A reply to Bierman and Rapoport by Siem Oppe is a Economics, Econometrics and Finance article available to read on EtoBox.
What is Comment: The petersburg paradox. There we go again. A reply to Bierman and Rapoport about?
This note is a reply to the solution of a. decision paradox by Harold Bierman, Jr. and Anatol Rapoport (Behavioral Science, October, 1989, 286-290), both expressing the need for psychological concepts to clarify the problem. It is argued that their games are special cases of the classical Petersburg game of which a solution, based exclusively on probability theory, is given by Feller (1970). Furthermore, it states that a serious practical problem remains to be solved.
Who reads Comment: The petersburg paradox. There we go again. A reply to Bierman and Rapoport?
It is typically read by researchers, students, and practitioners in Economics, Econometrics and Finance.
- Author
- Siem Oppe
- Publisher
- John Wiley and Sons; Wiley (John Wiley & Sons); Behavioral Neuropsychiatry; John Wiley & Sons Inc.; Wiley (ISSN 8756-6079)
- Published
- 1990
- Language
- EN
- Field
- Economics, Econometrics and Finance (Social Sciences)