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PostedAug 2508/25/2018, 12:22 PM
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⬛️ Hey folks! The mini quiz above has been conducted for a purpose of indicating one of Game Theory's subjects. In the first choice most of you choose more risky option to win $5mln, however in the second question most have chosen a less riskier option. This inconsistency of choice is called Allais paradox. Below is the video explaining this paradox with different choice example, but with a similar idea. https://youtu.be/c26wIhnDK9Q