= Abelson's paradox
{wiki=Abelson's_paradox}
Abelson's paradox refers to a thought experiment in the context of decision-making, often discussed in relation to cognitive psychology and behavioral economics. It illustrates a contradiction regarding how individuals evaluate choices and make decisions when considering probabilities and outcomes. The paradox is typically framed around a scenario where individuals must choose between two options that have different probabilities of success and varying degrees of payoff.
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