Holiday Gamble

Suppose that you have the choice of holidays over the same period between:

  1. A specific winter sun holiday.
  2. A specific winter sports holiday.
  3. One or other of the above holidays, to be notified when you leave home, at the operator’s discretion, plus some additional spending money.

According to the sure-thing principle you should prefer the last to either of the other two. But the hoildays require different preparation, so might not preparation for (3) be unreaasonable?

Dave Marsay


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