Two envelopes, THREE options (Are you a risk taker?)

Discussion in 'General Discussion' started by Mirage, Nov 19, 2008.

?

What did you do?

  1. Take a risk with Envelope #1

    16.0%
  2. Take a risk with Envelope #2

    32.0%
  3. Walk away and risk nothing.

    52.0%
  1. Mirage

    Mirage Administrator Staff Member V.I.P.

    After my other thread I thought I'd make another for those who really want to have something to analyze. The logic behind this one is a bit more annoying.

    There are two envelopes on a table.

    You can pick one of the envelopes OR you can opt to leave with a guaranteed $0.

    Facts:
    • One envelope on the table has a check for $50,000 in it. (very good to get)
    • One envelope on the table has a BILL for $10,000 in it. (very bad to get)

    You have no way of knowing which envelope has which item in it.

    [highlight]Do you pick up and open envelope #1?[/highlight] If so vote in the poll first and then click the spoiler below:
    [highlight]Click ONLY if you have already voted in the poll! Don't Lie![/highlight]
    Envelope #1 has a bill for $10,000 in it that you must now pay. You should have left well enough alone.

    [highlight]Do you pick up and open envelope #2?[/highlight] If so vote in the poll first and then click the spoiler below:
    [highlight]Click ONLY if you have already voted in the poll! Don't Lie![/highlight]
    Envelope #2 has a check for $50,000 in it. Congrats! You took a huge risk and came out ahead!

    [highlight]Do you walk away and risk nothing?[/highlight] If so vote in the poll first and then click the spoiler below:
    You walk away with $0 and risk nothing.

    What did you do? Did you pick an envelope? Which one? Did you walk away with nothing? Vote in the poll before clicking a spoiler.

    [highlight]Please use spoiler tags accordingly when replying.[/highlight]
     
    Last edited: Nov 19, 2008

  2. Iris

    Iris rainbow 11!

    w00t I came out with 50 grand!
     
    Bananas likes this.
  3. AnitaKnapp

    AnitaKnapp It's not me, it's you. V.I.P. Lifetime

    I chose nothing. I could not possibly afford that $10,000 bill and have nothing to show for it.
     
  4. Babe_Ruth

    Babe_Ruth Sultan of Swat Staff Member V.I.P.

    I clicked on the first envelope and no I didn't lie. I liked your first one better, I walked out with 10,000$ in my pocket.
     
  5. ysabel

    ysabel /ˈɪzəˌbɛl/ pink 5

    I chose option 3. I don't know where to find 10k that easily, so to spare me the potential problem, I choose to walk away.

    Other Reason: The possibility of gettting a bill of 10k is too big of a risk for me, for something like a chance to get 50k. Now if the other option/envelope means winning 50 million, I might have taken my chance even if in the end I could end up paying 10k. It would have been more tempting.
     
  6. Wade8813

    Wade8813 Registered Member

    I walked away.

    I'm not a big risk taker.
     
  7. R1pperZ

    R1pperZ Registered Member

    No I didn't lie and...
    I chose the second envelope!
    Well there's no reverse psychology in this situation so I just analyzed how Brix would have set up the options... :p
     
  8. Altanzitarron

    Altanzitarron Tamer Of The LOLzilla

    Walked away, 50% chance of serious debt wasn't worth it.
     
  9. Oooh_snap

    Oooh_snap Living on the 0th floor V.I.P. Lifetime

    I picked the second envelope. =) and I came out on top.. Too bad I won't really be getting the money. =(
     
  10. Nixola

    Nixola Boom Boom Pow!

    all i can say is that i picked envelope 1

    and now i regret it.......

    although i do have the very large sum of imaginery money from the other post. so its alright :lol:
     
    Last edited: Nov 19, 2008

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