I understand that you’re explaining why you don’t really think it’s well modelled as a two-envelope problem, but I’m not sure whether you’re biting the bullet that you’re predictably paying some utility in unnecessary ways (in this admittedly convoluted hypothetical), or if you don’t think there’s a bullet there to bite, or something else?
I understand that you’re explaining why you don’t really think it’s well modelled as a two-envelope problem, but I’m not sure whether you’re biting the bullet that you’re predictably paying some utility in unnecessary ways (in this admittedly convoluted hypothetical), or if you don’t think there’s a bullet there to bite, or something else?