To expand on this: the thought experiment is a problem for SIA precisely in the sense that the St. Petersburg Paradox is a problem for expected utility. I’m not overly freaked out by either thought experiment.
I agree. I am also not very bothered by this paradox. I just thought it was worth pointing out.
To expand on this: the thought experiment is a problem for SIA precisely in the sense that the St. Petersburg Paradox is a problem for expected utility. I’m not overly freaked out by either thought experiment.
I agree. I am also not very bothered by this paradox. I just thought it was worth pointing out.