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Thalos, Mariam G. | Capitalization in the St. Petersburg Game: why statistical distributions matter | In spite of its infinite expectation value, the St. Petersburg game is not only a gamble without supply in the real world, but also one without demand at apparently very reasonable asking prices. We offer a rationalizing explanation of why the St. Petersburg bargain is unattractive on both sides (to... | 2013-01-01 | |
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Thalos, Mariam G. | Truth deserves to be believed | Science seems generally to aim at truth. And governmental support of science is often premised on the instrumental value of truth in service of advancing our practical objectives, both as individuals and as communities, large and small. While there is some political expediency to this view, it is no... | 2013-01-01 |
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