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Forum: Diavlog comments 01-20-2010, 08:29 PM
Replies: 234
Views: 59,433
Posted By James Hill
Re: Science Saturday: Multi-Level Selection Theory (Razib Khan & David Sloan Wilson)

Good point, but I think you meant:

(A) (1)($1M) + (0.5)(-$2.1M) + (0.5)(-0) = -$50K

(B) (0.5)($2.1M) + (0.5)(0) + (1)(-$1M) = $50K

So why do people tend to choose (A), the "bird in the...
Forum: Diavlog comments 01-20-2010, 04:08 PM
Replies: 234
Views: 59,433
Posted By James Hill
Re: Science Saturday: Multi-Level Selection Theory (Razib Khan & David Sloan Wilson)

David said that given the choice between a sure $1M and a 50% chance of $2.1M, a rational person, under a behavioral economics analysis, would choose the latter, while evolutionary theory would...
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