I’m acutely aware of the cost the next day, but I consciously just pay it
what is this cost? Are you talking about late caffeine drinking disrupting your sleep?
Assume p=0.5, q=0.8. Alice should bet d( (1-0.8)^2 − 0.5^2 ) = −0.21d. Am I missing something here?
what is this cost? Are you talking about late caffeine drinking disrupting your sleep?