I’d analyze your question this way. Ask any one of the ten people which they would prefer:
A) to get hit
B) to have a 1/10th chance of getting hit 9 times.
Assuming rationality and constant disutility of getting hit, every one of them would choose B.
I’d analyze your question this way. Ask any one of the ten people which they would prefer: A) to get hit B) to have a 1/10th chance of getting hit 9 times.
Assuming rationality and constant disutility of getting hit, every one of them would choose B.