Stuart_Armstrong comments on Risk aversion does not explain people's betting behaviours - Less Wrong

8 Post author: Stuart_Armstrong 20 August 2012 12:38PM

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Comment author: Stuart_Armstrong 21 August 2012 09:53:13AM *  2 points [-]

You can distinguish the two by offering people choices between a sure $50 and a 50-50 bet paying $0 or $100, and see if their behaviour differs from bets with losses.