4 ms·
I'm no decision theorist but I think they should wait for the rewards outweigh the expected harms in expectation rather than being statistically equal.
by NiloCK 4mo ago
I'm no decision theorist but I think they should wait for the rewards outweigh the expected harms in expectation rather than being statistically equal.
- esikich 4mo agoFortune favors the bold.
- otterley 4mo agoIf they took the right gamble, that is :-)
- esikich 4mo agoYou miss 100% of the shots you don't take.
- otterley 4mo agoAnd sometimes 1000% of the shots that you do. (See, e.g., derivative trading.)
- yencabulator 4mo agoBy that logic, you never stop playing a double-or-nothing game. Good luck!