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The non-probabilistic two envelope paradox
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
AnalysisVolume
62Pagination
157-160ISSN
0003-2638Department/School
School of HumanitiesPublisher
BlackwellPlace of publication
OxfordRights statement
The definitive published version is available online at: http://interscience.wiley.comRepository Status
- Restricted