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by hammock 3810 days ago
I've always believed the most common responses to St Petersburg Paradox felt incomplete. The biggest miss is not looking at the other side of the transaction. What's the lowest that the casino offering the game would be willing to charge to play it?
1 comments

I think the gap between what a person would be willing to pay to play this game and what a casino would be willing to charge is the reason that no one plays it.