Electronic Proceedings of the Twenty-fifth Annual International Conference on Technology in Collegiate Mathematics

Boston, Massachusetts, March 21-24, 2013

Paper S046

This is an electronic reprint, reproduced by permission of Pearson Education Inc. Originally appeared in the Proceedings of the Twenty-fifth Annual International Conference on Technology in Collegiate Mathematics, ISBN-10: 0133866726, Copyright (C) 2014 by Pearson Education, Inc.


Further Explorations of the St. Petersburg Paradox with Maple

Joel Fowler


Southern Polytechnic State University

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ABSTRACT

We continue our exploration of the likelihood of profit for repeated plays of the Saint Petersburg Paradox and place our earlier conjectures on a mathematical foundation. Maple is used to implement the mathematics necessary for computing theoretical probabilities relating to the game, as well as for experimental simulation.

Keyword(s): discrete mathematics, Maple, simulation