Tuesday, July 10, 2007

Rasmusen's Lifeboat Hypothetical
Mike Rappaport

Eric Rasmusen has an interesting set of questions about a lifeboat which can hold 5 people "without sinking in the next storm (an inevitable one), but 6 are in it. All will die unless one is thrown out." 

https://rightcoast.typepad.com/rightcoast/2007/07/rasmusens-lifeb.html

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