Re: ??
The CASH value of each individual chip in a tourney is $0. The UTILITY value of each individual chip is a different matter. I'll bet that the UTILITY VALUE distribution is anything but linear, and the graph would look different for plyers of different skills. There will be certain points in the graph where doubling the stack will more than double player's expectation. There will also be plenty of points where it won't.
So to David's argument - Let's say Average (or median? not really sure) stack is $50. Doubling up player's $10 chips may well result in $20.1 $EV. Doubling it up again may result in $40.4. $81. $170. $330. $600. You see where I'm going with this? The further away we are from the Average stack - the less we are able to utilize the EXTRA chips we get, and hence the value of the chips we pick up is LESS that the ones we risk.
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