[vpFREE] Re: Chicken versus gambler question posed on GWAE

 

I would do the exact same thing for the reasons you stated. However I think this is a question about the tradeoff between EV and variance, and more importantly risk aversion. I imagine the 166.50 in risk premium is too low for many people and that the would go for the guaranteed payout.

__._,_.___

Reply to sender | Reply to group | Reply via web post | Start a New Topic

Messages in this topic (2)

Recent Activity:

• New Members 6
• New Photos 2

Visit Your Group

vpFREE Links: http://members.cox.net/vpfree/Links.htm

MARKETPLACE

A bad score is 596. A good idea is checking yours at freecreditscore.com.

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___