St. Petersburg Paradox - Further Discussions

Further Discussions

The St. Petersburg paradox and the theory of marginal utility have been highly disputed in the past. For a discussion from the point of view of a philosopher, see (Martin 2004).

Read more about this topic:  St. Petersburg Paradox

Famous quotes containing the word discussions:

    When I read of the vain discussions of the present day about the Virgin Birth and other old dogmas which belong to the past, I feel how great the need is still of a real interest in the religion which builds up character, teaches brotherly love, and opens up to the seeker such a world of usefulness and the beauty of holiness.
    Olympia Brown (1835–1900)

    If I tell you that I would be disobeying the god and on that account it is impossible for me to keep quiet, you won’t be persuaded by me, taking it that I am ironizing. And if I tell you that it is the greatest good for a human being to have discussions every day about virtue and the other things you hear me talking about, examining myself and others, and that the unexamined life is not livable for a human being, you will be even less persuaded.
    Socrates (469–399 B.C.)