KSakuraba
09-04-2005, 07:06 AM
While ago there was this discussion about the paradox with two envelopes with different amount of money and the EV of changing the one you choosed to the other one. The more obvious version of it was (for those who haven't heard) when you have three envelopes and one has money,you choose one, one of the two remaining with no money is dumped an after that it is clearly +EV to change your envelope to the remaining one.
This made me think about the "Who want's to be a millionare" and it's 50-50-choice...so if you have no idea to the answer of the question, is it possible to just choose one in your mind and then take the 50-50,if the computer dumps your choice then you can curse your luck but if your choice stays, is it profitable to change your choice to the other answer remaining...based on the envelope-thinking?
I hope i made my point in understandable way, this really has been bothering me... /images/graemlins/tongue.gif
This made me think about the "Who want's to be a millionare" and it's 50-50-choice...so if you have no idea to the answer of the question, is it possible to just choose one in your mind and then take the 50-50,if the computer dumps your choice then you can curse your luck but if your choice stays, is it profitable to change your choice to the other answer remaining...based on the envelope-thinking?
I hope i made my point in understandable way, this really has been bothering me... /images/graemlins/tongue.gif