Comment on Resolving the St. Petersburg ParadoxComments−tjmaxal16yWhat about the TVOM implications? There has to be some opportunity cost for both sides to playing the game. Given the potential loses involved I think it would be foolish for anyone to play the game as the seller/ coin tosser.
Comments
What about the TVOM implications? There has to be some opportunity cost for both sides to playing the game. Given the potential loses involved I think it would be foolish for anyone to play the game as the seller/ coin tosser.