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Resolution to four probability paradoxes: Two-envelope, Wallet-game, Sleeping Beauty and Newcomb’s
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Statistics.ORCID iD: 0000-0003-1654-9148
2019 (English)In: Proceedings of The 34th International Workshop on Statistical Modelling 2019Guimarães, Portugal, Volume II / [ed] Luís Meira-Machado and Gustavo Soutinho, Portugal, 2019, Vol. 2, p. 252-257Conference paper, Published paper (Refereed)
Abstract [en]

So-called two-envelope, wallet-game, Sleeping Beauty and Newcomb’s paradoxes are resolved through simple logical and analytical arguments. We stress the need of such simple solutions to them, due to current controversies around their solutions. Unnecessarily complicated or misleading solutions can be avoided if contexts of these problems are analyzed critically and perhaps with common- sense arguments. Our simple solutions are important for applied probability and statistical methods, especially for practitioners of them.

Place, publisher, year, edition, pages
Portugal, 2019. Vol. 2, p. 252-257
Keywords [en]
Sample space; expected value; logical
National Category
Probability Theory and Statistics
Research subject
Statistics
Identifiers
URN: urn:nbn:se:umu:diva-161962ISBN: 978-989-20-9630-8 (electronic)OAI: oai:DiVA.org:umu-161962DiVA, id: diva2:1341188
Conference
The 34th International Workshop on Statistical Modelling 2019, Guimarães, Portugal
Available from: 2019-08-07 Created: 2019-08-07 Last updated: 2019-08-08Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf