Today's post, Allais Malaise was originally published on 21 January 2008. A summary (taken from the LW wiki):

Offered choices between gambles, people make decision-theoretically inconsistent decisions.

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This post is part of the Rerunning the Sequences series, where we'll be going through Eliezer Yudkowsky's old posts in order so that people who are interested can (re-)read and discuss them. The previous post was Zut Allais!, and you can use the sequence_reruns tag or rss feed to follow the rest of the series.

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