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Re: Two-envelope problem
Hi,
I wait for a proper solution from you mathematicians guru but have not
yet seen.
> > and 1/2, respectively.If no info added,then the amount of money inside
> > each envelope does not depend on whether we look at it or not,thus two
>
> Your argument is interesting, however I could not agree for a "human"
> reason: if I see ONE MILLION $ in the first envelope, I'd keep it and
> run as quickly as possible home or to my bank (in the US: police escort
> neccessary!). If it is only 100$, then I'd take the risk to exchange
> with the other one. Anyway, the chance to get 100$ more is the same as
> losing 50$, isn't it?
Actually what I want to say is that, if I have seen 1 M $ then I were
almost satisfied and could think only about the probability that I
might lose 0.5 M$, which is 1/2. In the other case, the 100 $ only
makes me eager to have more ...
VH