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The non-probabilistic two envelope paradox
journal contributionposted on 2023-05-16, 22:35 authored by James ChaseJames Chase
Given a choice between two sealed envelopes, one of which contains twice as much money as the other (and in any case some), you don't know which contains the larger sum and so choose one at random. You are then given the option of taking the other envelope instead. Is it rational to do so? Surely not. but a specious line of reasoning suggests otherwise.
Department/SchoolSchool of Humanities
Place of publicationOxford
Rights statementThe definitive published version is available online at: http://interscience.wiley.com