Are you also assuming that you know all of those assumed facts about the area?
I would certainly expect that how many resources I want to spend on exploration will be affected by how much a priori knowledge I have about the system. Without such knowledge, the amount of exploration-energy I’d have to expend to be confident that there are two regions A and B with average payout as you describe is enormous.
Are you also assuming that you know all of those assumed facts about the area?
I would certainly expect that how many resources I want to spend on exploration will be affected by how much a priori knowledge I have about the system. Without such knowledge, the amount of exploration-energy I’d have to expend to be confident that there are two regions A and B with average payout as you describe is enormous.