I’ve posted a similar scenario which is based on purely money here.
I avoid “burning to death” outcomes in my version because some people do appear to endorse theoretically infinite disutilities for such things, even when they don’t live by such. Likewise there are no insanely low probabilities of failure that are mutually contradictory with other properties of the scenario.
It’s just a straightforward scenario in which FDT says you should choose to lose $1000 whenever that option is available, despite always having an available option to lose only $100.
I’ve posted a similar scenario which is based on purely money here.
I avoid “burning to death” outcomes in my version because some people do appear to endorse theoretically infinite disutilities for such things, even when they don’t live by such. Likewise there are no insanely low probabilities of failure that are mutually contradictory with other properties of the scenario.
It’s just a straightforward scenario in which FDT says you should choose to lose $1000 whenever that option is available, despite always having an available option to lose only $100.