arXiv
Open Access
2012
A Concise Resolution to the Two Envelope Paradox
Eric Bliss
Abstrak
In this paper, I will demonstrate a new perspective on the Two Envelope Problem. I hope to show with convincing clarity how the paradox results from an inherent problem pertaining to the interpretation of Bayesian probability. Specifically, a subjective probability that is inconsistent with reality can mislead reasoning based on Bayesian decision theory.
Topik & Kata Kunci
Penulis (1)
E
Eric Bliss
Akses Cepat
Informasi Jurnal
- Tahun Terbit
- 2012
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- en
- Sumber Database
- arXiv
- Akses
- Open Access ✓