Oh, I see, so you want to have a payoff if you pick one color, and no payoff otherwise?
Sure, then you always choose the one with the payoff - but how is that in ANY WAY relevant to the two gods examples, lol? In the two gods example you get opposite payoffs from the two choices.
P.S. The whole EV thing is still utterly wrong, but (at zero cost) you'll choose one vs the other because for one EV is >=0 and for the other it is strictly = 0. And you still can't decide whether to play that game or not (for any finite cost), because the EV is still unknown.
P.P.S. I'm in the middle of packing up, so I'm a bit rushing (so the very first line in this post is silly - I'm not going to correct it for consistency) - obviously if the problem is which color to choose - it's the one with the payoff, but the EV of that choice is incalculable. It's not 0.5 or 0 or 1 or anything else. It's incalculable - unknown. Hopefully you'll have this resolved when I'm back - it's been impeding the conversation for too long now.
Last edited by Eddi; 04-14-2010 at 11:01 AM.