Laws of large numbers for cooperative St. Petersburg gamblers

DOI10.1007/S10998-005-0005-9MaRDI QIDQ2568545zbMATH OpenOpenAlexFDO

Authors Gordon Simons, Sándor Csörgő

Publication date 11 October 2005

Published in Periodica Mathematica Hungarica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10998-005-0005-9

zbMATH Keywords

cooperative playersdeterministic and random pooling strategiesentropylaws of large numbersSt. Petersburg games

Mathematics Subject Classification ID

Central limit and other weak theorems (60F05)

Review text

General linear combinations of independent winnings in generalized St. Petersburg games are interperted as indiviual gains that result from pooling strategies of different cooperative players. A weak law of large numbers is proved for all such combinations, along with some almost sure results for the smallest and largest accummulation points, and a considerable body of earlier literature is fitted into this cooperative framework. Corresponding weak laws are also established, both conditionally and unconditionally, for random pooling strategies.

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• scientific article; zbMATH DE number 16082

Cited in

(5)

• Weak laws of large numbers for cooperative gamblers
• Merging asymptotic expansions for cooperative gamblers in generalized St. Petersburg games
• Pooling strategies for St. Petersburg gamblers
• Generalized \(n\)-Paul paradox
• Merging of linear combinations to semistable laws

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