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D. Bernoulli argued your contradiction will be solved if the decision-producers shown chance aversion and you can contended to own an excellent logarithmic cardinal power form. The new St. Petersburg paradox was first suggested by the Nicholas Bernoulli within the 1713 and solved by Daniel Bernoulli inside the 1738, whilst the Swiss mathematician Gabriel Cramer suggested using the presumption out of a rectangular-resources utility purpose of money in an 1728 letter to Letter. Possibly cardinal utility can be used to help you aggregate utilities round the individuals, to make a personal hobbies setting.