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The non-probabilistic two envelope paradox

journal contribution
posted on 2023-05-16, 22:35 authored by James ChaseJames Chase
Given a choice between two sealed envelopes, one of which contains twice as much money as the other (and in any case some), you don't know which contains the larger sum and so choose one at random. You are then given the option of taking the other envelope instead. Is it rational to do so? Surely not. but a specious line of reasoning suggests otherwise.

History

Publication title

Analysis

Volume

62

Pagination

157-160

ISSN

0003-2638

Department/School

School of Humanities

Publisher

Blackwell

Place of publication

Oxford

Rights statement

The definitive published version is available online at: http://interscience.wiley.com

Repository Status

  • Restricted

Socio-economic Objectives

Expanding knowledge in philosophy and religious studies

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