IDEAS home Printed from https://ideas.repec.org/a/spr/decfin/v48y2025i1d10.1007_s10203-024-00471-z.html
   My bibliography  Save this article

On Specimen Theoriae Novae de Mensura Sortis of Daniel Bernoulli

Author

Listed:
  • Paola Modesti

    (Università degli Studi di Parma)

Abstract

This piece in the Milestones series is dedicated to the paper “Specimen Theoriae Novae de Mensura Sortis ” by Daniel Bernoulli, published in 1738 on the Commentarii Academiae Scientiarum Imperialis Petropolitanae.

Suggested Citation

  • Paola Modesti, 2025. "On Specimen Theoriae Novae de Mensura Sortis of Daniel Bernoulli," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 48(1), pages 775-793, June.
    • Handle: RePEc:spr:decfin:v:48:y:2025:i:1:d:10.1007_s10203-024-00471-z
    DOI: 10.1007/s10203-024-00471-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10203-024-00471-z
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10203-024-00471-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Stigler, Stephen M., 1996. "The Bernoullis of Basel," Journal of Econometrics, Elsevier, vol. 75(1), pages 7-13, November.
    2. Yukalov, V.I., 2021. "A resolution of St. Petersburg paradox," Journal of Mathematical Economics, Elsevier, vol. 97(C).
    3. Shapley, Lloyd S., 1977. "The St. Petersburg paradox: A con games?," Journal of Economic Theory, Elsevier, vol. 14(2), pages 439-442, April.
    4. Pavlo R. Blavatskyy, 2005. "Back to the St. Petersburg Paradox?," Management Science, INFORMS, vol. 51(4), pages 677-678, April.
    5. V. I. Yukalov, 2021. "A Resolution of St. Petersburg Paradox," Papers 2111.14635, arXiv.org.
    6. Aumann, Robert J., 1977. "The St. Petersburg paradox: A discussion of some recent comments," Journal of Economic Theory, Elsevier, vol. 14(2), pages 443-445, April.
    7. Schoemaker, Paul J H, 1982. "The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations," Journal of Economic Literature, American Economic Association, vol. 20(2), pages 529-563, June.
    8. Brito, D. L., 1975. "Becker's theory of the allocation of time and the St. Petersburg Paradox," Journal of Economic Theory, Elsevier, vol. 10(1), pages 123-126, February.
    9. Christian Seidl, 2013. "The St. Petersburg Paradox at 300," Journal of Risk and Uncertainty, Springer, vol. 46(3), pages 247-264, June.
    10. Shapley, Lloyd S., 1977. "Lotteries and menus: A comment on unbounded utilities," Journal of Economic Theory, Elsevier, vol. 14(2), pages 446-453, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Christian Seidl, 2013. "The St. Petersburg Paradox at 300," Journal of Risk and Uncertainty, Springer, vol. 46(3), pages 247-264, June.
    2. James C. Cox & Eike B. Kroll & Marcel Lichters & Vjollca Sadiraj & Bodo Vogt, 2019. "The St. Petersburg paradox despite risk-seeking preferences: an experimental study," Business Research, Springer;German Academic Association for Business Research, vol. 12(1), pages 27-44, April.
    3. Benjamin Y. Hayden & Michael L. Platt, 2009. "The mean, the median, and the St. Petersburg paradox," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 4(4), pages 256-272, June.
    4. Bronshtein, E. & Fatkhiev, O., 2018. "A Note on St. Petersburg Paradox," Journal of the New Economic Association, New Economic Association, vol. 38(2), pages 48-53.
    5. repec:cup:judgdm:v:4:y:2009:i:4:p:256-272 is not listed on IDEAS
    6. William H. Ruckle, 1981. "The Saint Petersburg Game: An Exposition of the Classical Treatment," Risk Analysis, John Wiley & Sons, vol. 1(4), pages 241-250, December.
    7. Daniel Muller & Tshilidzi Marwala, 2019. "Relative Net Utility and the Saint Petersburg Paradox," Papers 1910.09544, arXiv.org, revised May 2020.
    8. Vivian, Robert William, 2003. "Solving Daniel Bernoulli's St Petersburg Paradox: The Paradox which is not and never was," MPRA Paper 5233, University Library of Munich, Germany, revised 2003.
    9. Lehmann, Daniel, 2001. "Expected Qualitative Utility Maximization," Games and Economic Behavior, Elsevier, vol. 35(1-2), pages 54-79, April.
    10. Ruggero Paladini, 2017. "Il paradosso di S. Pietroburgo, una rassegna," Public Finance Research Papers 29, Istituto di Economia e Finanza, DSGE, Sapienza University of Rome.
    11. Hans Haller, 2013. "On the Mixed Extension of a Strategic Game1," Studies in Microeconomics, , vol. 1(2), pages 163-172, December.
    12. Yukalov, V.I., 2021. "A resolution of St. Petersburg paradox," Journal of Mathematical Economics, Elsevier, vol. 97(C).
    13. Mamoru Kaneko, 2020. "Toward a Resolution of the St.Petersburg Paradox," Working Papers 2014, Waseda University, Faculty of Political Science and Economics.
    14. Marc Scholten & Daniel Read, 2014. "Prospect theory and the “forgotten” fourfold pattern of risk preferences," Journal of Risk and Uncertainty, Springer, vol. 48(1), pages 67-83, February.
    15. Claudio Mattalia, 2025. "The Saint Petersburg Paradox and Its Solution," Risks, MDPI, vol. 13(2), pages 1-19, February.
    16. van Riel, A.C.R. & Lievens, A., 2003. "New service development in high tech sectors: a decision making perspective," Research Memorandum 013, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    17. Harin, Alexander, 2006. "Scientific Revolution? A Farewell to EconWPA. MPRA is welcome," MPRA Paper 71, University Library of Munich, Germany.
    18. Gatti, Nicolas & Cecil, Michael & Baylis, Kathy & Estes, Lyndon & Blekking, Jordan & Heckelei, Thomas & Vergopolan, Noemi & Evans, Tom, 2023. "Is closing the agricultural yield gap a “risky” endeavor?," Agricultural Systems, Elsevier, vol. 208(C).
    19. Christian Gollier & James Hammitt & Nicolas Treich, 2013. "Risk and choice: A research saga," Journal of Risk and Uncertainty, Springer, vol. 47(2), pages 129-145, October.
    20. Paul Downward, "undated". "Risk, Uncertainty and Inference in Post Keynesian Economics:A Realist Commentary," Working Papers 98-8, Staffordshire University, Business School.
    21. Wlömert, Nils & Papies, Dominik, 2016. "On-demand streaming services and music industry revenues — Insights from Spotify's market entry," International Journal of Research in Marketing, Elsevier, vol. 33(2), pages 314-327.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:decfin:v:48:y:2025:i:1:d:10.1007_s10203-024-00471-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.