OK, so in the least convenient possible world, where Crono said 10^100, he meant 10^20. It seems to me the real issue here is that if you cannot (nearly) cover your end of the bet, negative utility is flat for very large negative dollar values, so you become risk-seeking.
OK, so in the least convenient possible world, where Crono said 10^100, he meant 10^20. It seems to me the real issue here is that if you cannot (nearly) cover your end of the bet, negative utility is flat for very large negative dollar values, so you become risk-seeking.