AnlamK comments on Is Rationality Maximization of Expected Value? - Less Wrong

-23 Post author: AnlamK 22 September 2010 11:16PM

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Comment author: AnlamK 28 September 2010 05:51:00AM 0 points [-]

Sorry that talking about money lead to confusion. I guess the point I was making was the following. See my respond to mattnewport, i.e.:

Suppose you have a gamble Z with negative expectation with probability of a positive outcome 1-x, for a very small x. I claim that for small enough x, every one should take Z - despite the negative expectation.