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My favourite probability problem

Posted By: Matt Cohn-Geier
Date: Friday, 28 August 2009, at 9:39 p.m.

In Response To: My favourite probability problem (joe freedman)

Suppose that I offer to bet you and lay long odds that if you take the $1,000 you will end up with only $1,000. Do you take the bet? If you do not, can you still rationally take the $1,000?

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