Related Experiment Video
Updated: May 28, 2026

A Protocol for Real-time 3D Single Particle Tracking
Published on: January 3, 2018
The time resolution of the St Petersburg paradox
1Department of Mathematics and Grantham Institute for Climate Change, Imperial College London, London SW7 2AZ, UK. ole@santafe.edu
Abstract:
A resolution of the St Petersburg paradox is presented. In contrast to the standard resolution, utility is not required. Instead, the time-average performance of the lottery is computed. The final result can be phrased mathematically identically to Daniel Bernoulli's resolution, which uses logarithmic utility, but is derived using a conceptually different argument. The advantage of the time resolution is the elimination of arbitrary utility functions.
Related Concept Videos
¹H NMR of Labile Protons: Temporal Resolution
The –OH proton in alcohols typically appears in the range of δ 2 to 5 ppm but can vary depending on the specific...
NMR Spectrometers: Resolution and Error Correction
Time and frequency -Domain Interpretation of PI Control
Acting as a low-pass filter, the PI controller slows the system's response and extends settling times. This requires careful...
Double Resonance Techniques: Overview
Spin decoupling is usually achieved by...
Super-resolution Fluorescence Microscopy
The Uncertainty Principle
