Recent content by grotto

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    EV and Decision Making: How Utility Functions Impact Our Choices

    But if we set a probability measure, it's allowed, right? Is anybody able to show me both why it can't be uniform if infinite and why it's (suddenly) doable when the distribution is abnormal or whatever?
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    EV and Decision Making: How Utility Functions Impact Our Choices

    I'm guessing you meant +$25 if you accept, as you net $50 per 2 occurrences. And yeah, I suppose I'm kinda trying to come to an agreement, at least with myself, or at least convince myself that I can't, but it's obviously kinda difficult :P Perhaps it's my gambling for food that has made me...
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    EV and Decision Making: How Utility Functions Impact Our Choices

    For Part 3, assume you receive the same offer as in Part 2, with the exception that you are allowed to look inside the envelope handed to you before you choose whether or not you want to switch. Inside is a positive real number. Do you want to switch, and if so, how many times? For...
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    EV and Decision Making: How Utility Functions Impact Our Choices

    Yeah, you're right. I only worked on this in my head, and the questions posed are essentially part of the work I've done, i.e. I formulated the questions specifically to make previous versions of the questions harder and to pose problems to possible solutions of the previous versions. In...
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    EV and Decision Making: How Utility Functions Impact Our Choices

    So, I'm having a pretty lazy day and decided to do some thinking. And, while this usually turns out to be a splendid idea, today it resulted in me hurting myself. Psychically. So yeah. I've been through a lot of toy games trying to figure out a way to reconcile this all in my brain box, but...
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    Cracking Dr. Ray's Secret Code: Can You Figure it Out?

    The answer is most definitely 9*6. There is simply no other less complex solution. 54 is correct.
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