Sure, one can always embed a game inside another one and so alter the overall expectation values how one likes. That said, we still only want to play the meta-game if it had positive expectation value, no?
Minor semantic quibble: I would say we always want positive expected utility, but how that translates into money/time/various intangibles can vary tremendously both situationally and from person to person.
Sure, one can always embed a game inside another one and so alter the overall expectation values how one likes. That said, we still only want to play the meta-game if it had positive expectation value, no?
Minor semantic quibble: I would say we always want positive expected utility, but how that translates into money/time/various intangibles can vary tremendously both situationally and from person to person.