Hmm. Case 1, if I pay, my expected lifespan extends by 50%. Case 2, if I pay, my expected lifespan extends by 50%. As pointed out by shminux, it’s not clear to me that percentages are the right way to go about this. In Case 1, my expected lifespan increases by 10 years (assuming 60 years left), and in Case 2 my expected lifespan increases by 20 years (same assumption).
All of the work is being done by the “money is worthless if you die” assumption. If you ask a question like “how many years of your life would you pay to remove 1 bullet / 2 bullets?” then the answer is obviously different.
Hmm. Case 1, if I pay, my expected lifespan extends by 50%. Case 2, if I pay, my expected lifespan extends by 50%. As pointed out by shminux, it’s not clear to me that percentages are the right way to go about this. In Case 1, my expected lifespan increases by 10 years (assuming 60 years left), and in Case 2 my expected lifespan increases by 20 years (same assumption).
All of the work is being done by the “money is worthless if you die” assumption. If you ask a question like “how many years of your life would you pay to remove 1 bullet / 2 bullets?” then the answer is obviously different.