rstarkov wrote a nice discussion piece on the two envelopes problem: Solving the two envelopes problem. thomblake commented that the error most people make with this problem is treating the amounts of money in the envelopes as fixed values when calculating the expectation.
rstarkov wrote a nice discussion piece on the two envelopes problem: Solving the two envelopes problem. thomblake commented that the error most people make with this problem is treating the amounts of money in the envelopes as fixed values when calculating the expectation.