Evaluating the pasadena, altadena, and st petersburg gambles

Mind 117 (467):613-632 (2008)
By recourse to the fundamentals of preference orderings and their numerical representations through linear utility, we address certain questions raised in Nover and Hájek 2004, Hájek and Nover 2006, and Colyvan 2006. In brief, the Pasadena and Altadena games are well-defined and can be assigned any finite utility values while remaining consistent with preferences between those games having well-defined finite expected value. This is also true for the St Petersburg game. Furthermore, the dominance claimed for the Altadena game over the Pasadena game, and that would have been claimed for the St Petersburg game over the Altadena, can be contradicted without fear of inconsistency with the axioms of utility theory. However, insistence upon dominance can be made to yield a contradiction of the Archimedean axiom of utility theory. CiteULike    Connotea    Del.icio.us    What's this?
Keywords No keywords specified (fix it)
Categories (categorize this paper)
DOI 10.1093/mind/fzn037
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
Download options
PhilPapers Archive

Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 22,675
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA

No references found.

Add more references

Citations of this work BETA
J. McKenzie Alexander (2012). Why the Angels Cannot Choose. Australasian Journal of Philosophy 90 (4):619 - 640.

View all 8 citations / Add more citations

Similar books and articles

Monthly downloads

Added to index


Total downloads

72 ( #63,621 of 1,938,961 )

Recent downloads (6 months)

11 ( #50,009 of 1,938,961 )

How can I increase my downloads?

My notes
Sign in to use this feature

Start a new thread
There  are no threads in this forum
Nothing in this forum yet.