Caledonian2 comments on The Allais Paradox - Less Wrong

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

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Comment author: Caledonian2 19 January 2008 04:15:41PM 2 points [-]

Choosing 1A and 2B is irrational regardless of your level of risk aversion.

No, only if the utility of avoiding risk is worth less than the money at risk. Duh.