Re:Two envelopes problem
by whatshisface on Tuesday May 31, 2022 @12:07PM
(#31571237)
Because if the larger envelope is changed to contain four times as many dollars, then /2 vs. *4 points back towards swapping indefinitely.
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Re:Two envelopes problem
by MrBlueIncognito on Tuesday May 31, 2022 @12:53PM
(#31571829)
If one envelope contains 4 times the money of the other envelope, then by swapping you either gain 3x or lose 3x, where x is the amount of money in the smaller envelope. Even in this case, the average return is +3x -3x = 0.