For what it’s worth, I had stealthily edited my question - (“If everybody had” instead of “If everybody has”); I was trying to find a short illustration of the fact that a choice with a low expected value but a high variance will be overrepresented among those who got the highest value. It seems like I failed at being concise and clear :P
Heh, well I’ve got dyslexia so every now and then I’ll end up reading things as different to what they actually say. It’s more my dyslexia than your wording. XD
It seems like I failed at being concise and clear :P
Hmm, I wonder if being concise is all it’s cracked up to be. Concise messages usually have lower information content, so they’re actually less useful for narrowing down an idea’s location in idea-space. Thanks, I’m looking into effective communication at the moment and probably wouldn’t have realized the downside to being concise if you hadn’t said that.
What is “Can you evidence that?” supposed to mean? Especially when talking about a hypothetical scenario …
Could you please make an effort to communicate clear questions?
(If you’re asking for clarification, then Normal_Anomaly’s explanation is what I meant)
Ah, I misread your comment, my apologies. I’ll retract my question.
For what it’s worth, I had stealthily edited my question - (“If everybody had” instead of “If everybody has”); I was trying to find a short illustration of the fact that a choice with a low expected value but a high variance will be overrepresented among those who got the highest value. It seems like I failed at being concise and clear :P
Heh, well I’ve got dyslexia so every now and then I’ll end up reading things as different to what they actually say. It’s more my dyslexia than your wording. XD
Hmm, I wonder if being concise is all it’s cracked up to be. Concise messages usually have lower information content, so they’re actually less useful for narrowing down an idea’s location in idea-space. Thanks, I’m looking into effective communication at the moment and probably wouldn’t have realized the downside to being concise if you hadn’t said that.