But if person B is right she only gets to enjoy the money until the world ends. It seems to me that money is less valuable when you can only derive utility from it for a small, finite period of time. You can’t get your money’s worth buying a house, for example. Plus if belief in the end of the world is widespread the economy will get distorted in a bunch of ways (in particular, the best ways to spend money with two weeks left to live would get really expensive) making it really hard to figure out what the fair bet would be.
But if person B is right she only gets to enjoy the money until the world ends. It seems to me that money is less valuable when you can only derive utility from it for a small, finite period of time. You can’t get your money’s worth buying a house, for example. Plus if belief in the end of the world is widespread the economy will get distorted in a bunch of ways (in particular, the best ways to spend money with two weeks left to live would get really expensive) making it really hard to figure out what the fair bet would be.