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The Monty Hall problem
#8
RE: The Monty Hall problem
(March 19, 2014 at 4:48 pm)rasetsu Wrote:
(March 19, 2014 at 4:17 pm)Alex K Wrote: I wonder how often we make suboptimal decisions in real life because we overlook this effect!

What effect would that be?

Imagine you have to make some choice, like buy a car or choose a course of action out of several possible, and you know that one of them is probably wrong. Then you are shown that one of the other possible courses of action which you have not decided to pursue is also successful. Will you change your mind or remain with the course of action you had decided upon.
This may be vague, I just want to propose that variations of he monty hall problem can appear in everyday life in abstract form, and it could influence the way we deal with new information if we understand it properly.
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Messages In This Thread
The Monty Hall problem - by Marsellus Wallace - March 2, 2014 at 11:32 pm
RE: The Monty Hall problem - by Tartarus Sauce - March 17, 2014 at 1:23 pm
RE: The Monty Hall problem - by FreeTony - March 18, 2014 at 3:45 pm
RE: The Monty Hall problem - by John V - March 19, 2014 at 3:05 pm
RE: The Monty Hall problem - by Angrboda - March 19, 2014 at 3:09 pm
RE: The Monty Hall problem - by Alex K - March 19, 2014 at 4:17 pm
RE: The Monty Hall problem - by Angrboda - March 19, 2014 at 4:48 pm
RE: The Monty Hall problem - by Alex K - March 19, 2014 at 5:00 pm
RE: The Monty Hall problem - by Fidel_Castronaut - March 20, 2014 at 9:22 am
RE: The Monty Hall problem - by Coffee Jesus - April 13, 2014 at 1:58 pm
RE: The Monty Hall problem - by Angrboda - April 13, 2014 at 3:15 pm
RE: The Monty Hall problem - by Coffee Jesus - April 13, 2014 at 4:40 pm

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