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gjm comments on Marketing Rationality - Less Wrong Discussion

28 Post author: Viliam 18 November 2015 01:43PM

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Comment author: gjm 23 November 2015 08:45:01PM 2 points [-]

That implies you believe the probability you will lose is just under 50%

Only if $1000 is an insignificant fraction of Gleb's wealth, or his utility-from-dollars function doesn't show the sort of decreasing marginal returns most people's do.

Comment author: Gleb_Tsipursky 24 November 2015 09:56:18PM -1 points [-]

Indeed, $1000 is a quite significant portion of my wealth.

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