Could you rephrase this somehow? I’m not understanding it. If you actually won the bet and got the extra utility, your median expected utility would be higher, but you wouldn’t take the bet, because your median expected utility is lower if you do.
Could you rephrase this somehow? I’m not understanding it. If you actually won the bet and got the extra utility, your median expected utility would be higher, but you wouldn’t take the bet, because your median expected utility is lower if you do.