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re: Monty Hall Spinoff Thread: St. Petersburg Paradox

Posted on 8/12/17 at 5:59 pm to
Posted by tom
Baton Rouge
Member since Jun 2007
8163 posts
Posted on 8/12/17 at 5:59 pm to
quote:

The issue comes when deciding what is a fair price to play such a game. You have a 1/2 chance of winning $1, a 1/4 chance of $2, a 1/8 chance of $4, and so on.

Nope.
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