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But he has assigned the identifiers "X" and "2X" to the envelopes. He could have called them "A" and "B" and his logic still holds. The problem I see with the w
by delinka 13y ago
But he has assigned the identifiers "X" and "2X" to the envelopes. He could have called them "A" and "B" and his logic still holds. The problem I see with the wiki article explanation is: while using actual dollar amounts as examples, it gives the impression that you get to open the envelope that you picked first to see the amount, but that you don't know if it's the smaller value or larger value.
So I choose "A" and I don't know if it contains $X or $2X. I don't even get to open it to know what amount is in the envelope. Whatever it contains, if I choose to switch, I get envelope "B" - I always have a 50% chance of choosing the larger amount or switching to the envelope with the larger amount because no information is revealed after the first choice.
for A->$X, B->$2X:
Choose A, stay with A, receive $X
Choose A, switch to B, receive $2X
Choose B, switch to A, receive $X
Choose A, stay with B, receive $2X
for A->$2X, B->$X:
Choose A, stay with A, receive $2X
Choose A, switch to B, receive $X
Choose B, switch to A, receive $2X
Choose A, stay with B, receive $X
50% chance of getting either amount, regardless.