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Re: Two-envelope problem

To: Multiple recipients of list <vnsa-l@csd.uwm.edu>
Subject: Re: Two-envelope problem
From: Dung Trong Nguyen <nguyen@jaist.ac.jp>
Date: Fri, 18 Apr 1997 00:42:41 -0500 (CDT)
Reply-To: vnsa-l@csd.uwm.edu
Sender: vnsa-l@csd.uwm.edu

1) The expectation value of keeping the $100

	1 x $100 = $100

2) The expectation value of choosing the other

	1/2 x $50 + 1/2 x $200 = $125

So it is better to take the risk.

d~

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