I think this is exactly what I was looking for, but couldn’t put it quite so eloquently. Thank you.
I put Player X on a game show and imagined they had the choice to keep the $30,000 they have, or risk it for double or nothing. As you mentioned, if that player went on the game show because they had a $30,000 debt to pay before they lost their house, they’re going to keep the money and pay off that debt.
I think this is exactly what I was looking for, but couldn’t put it quite so eloquently. Thank you.
I put Player X on a game show and imagined they had the choice to keep the $30,000 they have, or risk it for double or nothing. As you mentioned, if that player went on the game show because they had a $30,000 debt to pay before they lost their house, they’re going to keep the money and pay off that debt.