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When your average outcome is bad, taking the high volatility / uncertain choice looks pretty good. If you're behind by a couple of strokes in golf near the end
by mlyle 6y ago
When your average outcome is bad, taking the high volatility / uncertain choice looks pretty good.
If you're behind by a couple of strokes in golf near the end of the course, you take some risky shots you wouldn't ordinarily take. They probably won't pay off, but they're the only remaining way to "win".
- LorenPechtel 6y agoExactly. When there's no better choice you take the hail mary shot. Even when the average outcome is "worse" it can make sense. Docs say you have 3 months left. There's an option that probably shortens your life to 2 months, but has a 1% chance of curing you. Average outcome-negative. Worth considering? Yes.