From: Cole Kitchen (kitchenc@mindspring.com)
Date: Wed Jun 05 2002 - 16:37:51 MDT
Eliezer, don't you mean "unless losing *$100* would put you under some
critical threshold"? Let's say that the rent on your apartment is due in an
hour, and that if you lose more than $75, you will be unable to pay it and
will then face prompt eviction into Homeless Alley. In this situation you
will be in trouble whether you lose $100 or $500, so gambling on a 50%
chance of losing nothing might make the most sense.
At 12:22 PM 6/5/02 -0400, Eliezer Yudkowsky wrote:
>Likewise, a sure loss of
>$100 is better than a 50% chance of losing $500, unless losing $500 would
>put you under some critical threshold.
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