IDEAS home Printed from https://ideas.repec.org/a/sae/simgam/v35y2004i4p499-504.html
   My bibliography  Save this article

Simulating Daniel Bernoulli’s St. Petersburg game: Theoretical and empirical consistency

Author

Listed:
  • Robert W. Vivian

    (University of the Witwatersrand)

Abstract

Russon and Chang simulated St. Petersburg games and found that their results were inconsistent with their theoretical predictions. In this article, the theoretical outcomes are derived this time using the methodology suggested by Daniel Bernoulli, and games are then simulated. When this is done, it is found that the theoretical and empirical results are consistent.

Suggested Citation

  • Robert W. Vivian, 2004. "Simulating Daniel Bernoulli’s St. Petersburg game: Theoretical and empirical consistency," Simulation & Gaming, , vol. 35(4), pages 499-504, December.
    • Handle: RePEc:sae:simgam:v:35:y:2004:i:4:p:499-504
    DOI: 10.1177/1046878104268733
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/1046878104268733
    Download Restriction: no
    File URL: https://libkey.io/10.1177/1046878104268733?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:simgam:v:35:y:2004:i:4:p:499-504. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.