Eliezer_Yudkowsky comments on The Allais Paradox - Less Wrong

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

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Comment author: Eliezer_Yudkowsky 20 January 2008 06:05:43AM 2 points [-]

Is Pascal's Mugging the reductio ad absurdum of expected value?

No. I thought it might be! But Robin gave an excellent reason of why we should genuinely penalize the probability by a proportional amount, dragging the expected value back down to negligibility.

(This may be the first time that I have presented an FAI question that stumped me, and it was solved by an economist. Which is actually a very encouraging sign.)