Thread: Help me settle this dispute (Simple EV problem)
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  #23  
Old 07-19-2007, 11:14 AM
DrVanNostrin DrVanNostrin is offline
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Join Date: Sep 2005
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Default Re: Help me settle this dispute (Simple EV problem)
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...you may well prefer the certainty of having $10 to a 50% chance of having $21...

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We already figured this out. This is exactly what a utility function accounts for.
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