Deal or no deal

[Hauldren Collider]

You don't think the IRA has more in common with the Palestinians?

xpost

[MRT144]

50000

[Dauphin]

A principal thought in my mind when asking the question is how much the spread of possible results effects your choice. Is the mean a better quantifier, or the median, if so, when? e.g. if the median was higher than the mean, would you want a higher amount.

Say the options were:

$1
$7,000
$8,000
$9,000
$10,000

[Dauphin]

I want to buy a jar of pickles. Dill or no dill?

The Ethiopian variant - Meal or no meal.

[KrazyHorse]

A principal thought in my mind when asking the question is how much the spread of possible results effects your choice. Is the mean a better quantifier, or the median, if so, when? e.g. if the median was higher than the mean, would you want a higher amount.

Say the options were:

$1
$7,000
$8,000
$9,000
$10,000

My model is constant price elasticity of marginal utility, along with an expected utility objective function. There is only one free parameter in this model (elasticity) so you should be able to derive from previous answer.

[KrazyHorse]

A principal thought in my mind when asking the question is how much the spread of possible results effects your choice. Is the mean a better quantifier, or the median, if so, when? e.g. if the median was higher than the mean, would you want a higher amount.

Say the options were:

$1
$7,000
$8,000
$9,000
$10,000

My model is constant price elasticity of marginal utility, along with an expected utility objective function. There is only one free parameter in this model (elasticity) so you should be able to derive from previous answer.

[Elok]

The Ethiopian variant - Meal or no meal.

Mmmmmm, injera...

[Kitschum]

Are these American dollars? I think I'd just jump on the first offer I get and then go and buy rupees or something before I lose everything.

[Krill]

For Dauphins' OP, I'd try to get multiple parties bidding for the box...

[Provost Harrison]

I see you've never seen the game then Krill?

[Krill]

You really are a bit thick aren't you.

[Dauphin]

He just can't think outside the box.

[Provost Harrison]

You really are a bit thick aren't you.

Is there any need to be an utter arsehole? Shame on you.

[Krill]

What goes around...

[Provost Harrison]

What goes around...

I have no idea what you are on about. But if you want to carry on like the adolescent (or adolescent behaving) idiots who just want to be rude to everyone, then be my guest, but do it with other such people.