5920概率中等derivationmedium
Clairvoyance Across Three States
题目
The state is High, Mid, or Low with probabilities . You pick action Long or Flat once. Long pays in High, Mid, Low respectively; Flat pays in every state. A clairvoyant will tell you the exact state before you choose. What is the difference between your expected payoff acting on the clairvoyant's report and your expected payoff using the single best action chosen in advance?
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