View Full Version : A quick follow-up thought to Sklansky's googleplex post
jogger08152
05-20-2007, 03:49 PM
Assume the entity that offers the wager can and will pay off if you hit your number. Is there anything you would pay $.01 to have a 1/googleplex chance of having occur?
How about $1.00?
mjkidd
05-20-2007, 03:52 PM
No, of course not. A googleplex dollars, or 1/100* googleplex dollars has the same value as a trillion dollars. That is to say, more value than one person could possibly spend. So it's clearly a bad bet, since you can't really get even money odds due to the decreasing marginal value of money.
btmagnetw
05-20-2007, 03:57 PM
no.
bottomset
05-20-2007, 04:40 PM
[ QUOTE ]
No, of course not. A googleplex dollars, or 1/100* googleplex dollars has the same value as a trillion dollars. That is to say, more value than one person could possibly spend. So it's clearly a bad bet, since you can't really get even money odds due to the decreasing marginal value of money.
[/ QUOTE ]
I think if your goal was to spend it all you could spend a trillion dollars
mjkidd
05-20-2007, 04:53 PM
Perhaps, but it's irrevelant. You could buy Great Britain's navy, but why would you want to? And of course a googleplex dollars is just a silly amount of money. It's more money than exists in the world today by a little less than a google orders of magnitude.
jogger08152
05-20-2007, 07:17 PM
I wasn't necessarily talking about odds to win money. Would you pay .01 for a 1/google chance of having a fivesome with Jessica Alba, Angelina Jolie, Heidi Klum, Shannon Elizabeth and Halle Berry, EG? Or to resolve world hunger and/or bring about world peace?
SNOWBALL
05-20-2007, 08:33 PM
[ QUOTE ]
Assume the entity that offers the wager can and will pay off if you hit your number. Is there anything you would pay $.01 to have a 1/googleplex chance of having occur?
How about $1.00?
[/ QUOTE ]
eternal life, and omnipotence, yes.
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