OOPS! My mistake. So you always push button 1. I still don't see the
paradox.

##
Advertising

Brent
On 20-Mar-01, Wei Dai wrote:
> On Tue, Mar 20, 2001 at 08:10:10PM -0700, Brent Meeker wrote:
>> I don't see any paradox. This is no different than:
>>
>> If you push button 1, you will lose $9.
>> If you push button 2 you will win $10 one time out of 101 at random.
>> The other 100 times out of 101 you will lose $10.
>>
>> If you push 1 your expected payoff is -$9.
>> If you push 2 your expected payoff is ($10*1 - $10*100)/101=-$9/1.01
>
> Something is wrong with your math here. ($10*1 - $10*100)/101 =
> -$9.9/1.01, not -$9/1.01.
>
>> So you push 2. Where's the paradox?
>>
>> Brent Meeker
>
Regards