The non-probablistic two envelope paradox
Chase , J (2002) The non-probablistic two envelope paradox. Analysis , 62 (2). pp. 60-67. ISSN 0003-2638
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Official URL: http://dx.doi.org/10.1111/1467-8284.00349
Given a choice between two sealed envelopes, one of which contains twice
as much money as the other (and in any case some), you don’t know which
contains the larger sum and so choose one at random. You are then given
the option of taking the other envelope instead. Is it rational to do so?
Surely not, but a specious line of reasoning suggests otherwise.
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