macronencer comments on The Cognitive Science of Rationality - LessWrong

88 Post author: lukeprog 12 September 2011 08:48PM

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Comment author: macronencer 14 January 2012 08:59:29AM 0 points [-]

Perhaps what people have in mind when they say that are betting odds. If you bet money on an unlikely event then the odds are quoted with the high number (your reward if the event occurs) first, which seems sensible from an advertising perspective.