drnickbone comments on The Allais Paradox - Less Wrong

19 Post author: Eliezer_Yudkowsky 19 January 2008 03:05AM

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Comment author: drnickbone 01 May 2012 07:29:10AM *  1 point [-]

This is an old post, but I guess one resolution is that:

U($24,000)   >   33/34 U($27,000) + 1/34 U($0 & Regret that I didn't take the $24000)

Which is consistent with:

0.34 U($24,000) + 0.66 U($0)   <   0.33 U($27,000) + 0.67 U($0)

It's an interesting psychological fact that the regret is triggered in one case, but not the other.