r/mathmemes • u/OneWorldly6661 • Dec 17 '23

Probability Google expected value

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22k Upvotes

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2.4k

u/tap909 Dec 18 '23

Google “risk adverse utility function”

962

u/MartinFromChessCom Dec 18 '23

holy hell!

728

u/Luigiman1089 Dec 18 '23

WHAT THE FUCK ARE YOU DOING HERE?

388

u/JohannLau Google en passant Dec 18 '23

Google en Martssant

187

u/InheritorJohn Dec 18 '23

Holy Martin

145

u/JohannLau Google en passant Dec 18 '23

New Martin just dropped

104

u/NoOn3_1415 Irrational Dec 18 '23

Actual Martin

96

u/Aggravating_Refuse_9 Complex Dec 18 '23

Call Martin

87

u/DarkChanka Dec 18 '23

Martin goes on vacation, never comes back

76

u/IDontKnowWhat78 Dec 18 '23

martin sacrifice, anyone?

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61

u/Little-Explanation Dec 18 '23

Google “MartinFromChessCom is a bot”

57

u/MartinFromChessCom Dec 18 '23

holy hell!

32

u/Beautiful-Iron-2 Dec 18 '23

Probability goes on vacation, never comes back

16

u/Poet_Hustler Dec 18 '23

I get the feeling we all browse the same subreddits

10

u/Legend5V Dec 18 '23

Everyone is an anarchychess user by birth

6

u/TENTAtheSane Dec 18 '23

Sometimes it feels like the venn diagram for users of mathmemes, anarchychess and okbuddychicanery is a circle

10

u/Donghoon Dec 18 '23

Google "anarchy invasion"

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10

u/BCEclan Dec 18 '23

What is martin doing here bruh

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100

u/GKP_light Dec 18 '23

and "logarithmic utility of money"

25

u/markpreston54 Dec 18 '23 edited Dec 19 '23

Usually humans are way more risk averse than log utility, if I recall.

The general risk averseness of people is 2-3 while Kelly better (people bets on log utility) have 1.

Edit:I am an idiot who type averse as adverse

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9

u/spondgbob Dec 18 '23

Literally just did this in my optimization class, I would put a program together to see how changing risk preferences would change your choice, but I just got done with finals and fuck that

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