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The two envelope problem

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Posted 2019-12-17, 06:14 AM in reply to Demosthenes's post "The two envelope problem"

The amount of money is not dependent upon what’s in your envelope. 2/3 of it is in one and 1/3 in the other. The expected value of the other envelope is 1/2*(1/3x+2/3x)=.5x, which is the same as the one you hold.

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