Simply Avoid Being Enveloped by Paradox

Publication Type

Working Paper

Version

publishedVersion

Publication Date

10-2005

Abstract

You are told that you may choose one of two envelopes, each containing a sum of money. Since you are a maximally rational risk-neutral economic agent you do so. But before you open it, you are told that one envelope contains twice the amount in the other and offered the chance to switch envelopes.

Discipline

Philosophy

Research Areas

Humanities

First Page

1

Last Page

3

Publisher

SMU Social Sciences and Humanities Working Paper Series, 5-2005

City or Country

Singapore

Copyright Owner and License

Author

Previous Versions

Aug 31 2010

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