steven comments on The Allais Paradox - Less Wrong

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

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (133)

Sort By: Old

You are viewing a single comment's thread.

Comment author: steven 19 January 2008 07:29:32PM 1 point [-]

Do you really want to say that it can be rational to accept a 1/3 chance of participating in a lottery, already knowing that if you got to participate you would change your mind? Risk aversion is (or at least, can be) a matter of taste, this is just a matter of not being stupid.