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Well they are not the same because your first million has a lot more utility than the second for most people, unless say you need 2million to start he company y
by schtog 18y ago
Well they are not the same because your first million has a lot more utility than the second for most people, unless say you need 2million to start he company you always dreamed of starting or to do a surgery in a foreign country on your child that is superexpensive and if not the child will die.
- Tichy 18y agoYes that is what I mean - it seems "expected value" is not equal to real value.