http://www.aleablog.com/rats/ Alea Jacta Est Mon, 12 Jul 2010 20:04:31 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.aleablog.com/rats/#comment-3257 Ben Sat, 20 Jun 2009 02:10:42 +0000 http://www.aleablog.com/?p=3798#comment-3257 Isn't that simply stereotypical risk avoidance? Large punishments carry more pain that large rewards offer pleasure. The odds could be 50/50 but losing/winning 10 at a time is much scarier than winning/losing 1. That doesn't make choosing a less risky strategy "optimal" or not. Isn’t that simply stereotypical risk avoidance? Large punishments carry more pain that large rewards offer pleasure. The odds could be 50/50 but losing/winning 10 at a time is much scarier than winning/losing 1. That doesn’t make choosing a less risky strategy “optimal” or not.

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