Like GuySrinivasan said, it depends on the stakes. With the numbers you have, I'd take the risky bet based on the higher expected utility.
Why I should choose the risky option every time seems intuitive: even though I don't expect to face the exactly same problem very often, life in general consists of many gambles. And the sum of those decisions is going to be higher with the risky option chosen consistently every time.
Subscribe to RSS Feed
= f037147d6e6c911a85753b9abdedda8d)
In the last year, someone mentioned a workout book on the #lesswrong irc channel.I want to start exercising in my room and that book seemed, at the time, the best place to start for me so I am looking for it.
Help with finding the book or alternatives appreciated. Here's what I remember about it:
I can't remember more right now but I will edit the post if I do.
Sounds like Convict Conditioning to me.
I haven't read it myself, but some friends have praised the book and the exercises included.