A quick follow-up thought to Sklansky's googleplex post

[jogger08152]

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]

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]

no.

[bottomset]

[ 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]

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]

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]

[ 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.