fool comments on The Savage theorem and the Ellsberg paradox - Less Wrong

13 Post author: fool 14 January 2012 07:06PM

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Comment author: fool 15 January 2012 07:00:46PM 4 points [-]

Hmm! I don't know if that's been tried. Speaking for myself, 31 red balls wouldn't reverse my preferences.

But you could also have said, "On the other hand, if people were willing to pay a premium to choose red over green and green-or-blue over red-or-blue..." I'm quite sure things along those lines have been tried.