Two envelopes problem

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High Quality Content by WIKIPEDIA articles! The two envelopes problem is a puzzle or paradox within the subjectivistic interpretation of probability theory; more specifically within Bayesian decision theory. This is still an open problem among the subjectivists as no consensus has been reached yet.The setup: The player is given two indistinguishable envelopes, each of which contains a positive sum of money. One envelope contains twice as much as the other. The player may select one envelope and keep whatever amount it contains, but upon selection, is offered the possibility to take the other envelope instead.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130354244
    • Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
    • Sprache Englisch
    • Jahr 2010
    • EAN 9786130354244
    • Format Fachbuch
    • ISBN 978-613-0-35424-4
    • Titel Two envelopes problem
    • Untertitel Puzzle, Paradox, Bayesian Probability, Decision Theory, Expected Value, St. Petersburg Paradox, Raymond Smullyan, Counterfactual Conditional, Bertrand's Paradox
    • Herausgeber Betascript Publishers
    • Anzahl Seiten 96
    • Genre Mathematik

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