Decius comments on Solving the two envelopes problem - Less Wrong

32 Post author: rstarkov 09 August 2012 01:42PM

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Comment author: Decius 05 August 2012 07:52:45PM 3 points [-]

One of the envelopes contains 2 glort's worth of dollars, and the other envelope contains 4 glorts' worth of dollars. I don't know the exchange ratio of glorts to dollars, except that it is positive.

Now it is clear that the expected value is 3 glorts' worth of dollars, regardless of the envelope picked. It's still possible that the game master is using some variant of "if the value of the glort is low for the duration of this trial, put the larger amount of money in envelope B; if the value of the glort is high, put the larger amount of money in envelope a" that favors one envelope over the other.