two choices: (1) take both boxes and keep their contents (2)...

  1. 1,257 Posts.
    two choices: (1) take both boxes and keep their contents (2) take only the second box.

    (A) If you think God is just guessing what you will do then U say 50/50 second box has $1M inside ->
    choice (1) = take both; expected return $1000 + 0.5 times $1M = $501,000.
    choice (2) = take second only expected return = 0.5 times $1M = $500,000

    (B) If you think God knows what you will do then just take the second - God must have expected it and you get $1M.


 
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