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Caledonian2 comments on Zut Allais! - Less Wrong

23 Post author: Eliezer_Yudkowsky 20 January 2008 03:18AM

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Comment author: Caledonian2 20 January 2008 09:51:03PM -2 points [-]

there's hardly a clearer example of obvious bias than a person's decision on the exact same circumstance being determined by whether it's described as certain vs. uncertain gain or certain vs. uncertain loss.

But it's not the exact same circumstance. You are ignoring the fundamental difference between the two conditions.