Browsing Economic and Management Sciences by Subject "Harmonic sequence paradox"

Browsing Economic and Management Sciences by Subject "Harmonic sequence paradox"

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  • Schmidt, U.; Zimper, Alexander (Wiley, 2012)
    According to the harmonic sequence paradox, an expected utility decision maker's willingness to pay for a gamble whose expected payoffs evolve according to the harmonic series is finite if and only if his marginal utility ...