The St. Petersburg two-envelope paradox
Analysis 62 (274):155–157 (2002)
| Abstract | I reason: (1) For any x, if I knew that A contained x, then the odds are even that B contains either 2x or x/2, so the expected amount in B would be 5x/4. So (2) for all x, if I knew that A contained x, I would have an expected gain in switching to B. So (3) I should switch to B. But this seems clearly wrong, as my information about A and B is symmetrical. | |||||||||
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Similar books and articlesGary Malinas (2006). Two Envelope Problems. The Proceedings of the Twenty-First World Congress of Philosophy 9:153-158.
David Teira (2006). On the Normative Dimension of St. Petersburg Paradox. Studies in History and Philosophy of Science 37 (2):210-23.
Gary Malinas (2003). Two Envelope Problems and the Roles of Ignorance. Acta Analytica 18 (1-2):217-225.
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Michael Clark & Nicholas Shackel (2000). The Two-Envelope Paradox. Mind 109 (435):415--442.
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