Title Information

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THE ST. PETERSBURG PARADOX. Karen Marta. Swiss Institute, New York, 2014. Published 2015 in associatioin with Karma, New York. Distributed by Artbook|D.A.P., New York. 168 pp. with 37 col. ills. 23 x 17 cm. ISBN 9781942607151 In English.
Publisher's description: In the "St. Petersburg gamble," the house offers to flip a coin until it comes up heads. The payoff doubles each time tails appears. By conventional definitions, the St Petersburg gamble has an infinite potential return; nonetheless, most players feel that they should not risk more than a few dollars each time. Explaining why people offer such small sums for something with infinite potential remains contentious in both economics and philosophy. The St. Petersburg Paradox embodies Swiss Institute's longstanding dedication to producing inventive group exhibitions, putting artists across a century (Marcel Duchamp, Ericka Beckman, Hans Arp, Amalia Ulman, Tabor Robak) in dialogue with each other to explore the precarious nature of gaming and the impulses that underlie the way risk is calculated.
Indexing: Western, International (Western Style) — Post-1970 — Several Media
Plans: 73,75,65
Worldwide Number: 082153
Hardcover $25.00x (libraries receive a 10% discount on this title)    

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