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Luca Dellanna on Risk, Ruin, and Ergodicity

EconTalk

The Average Expected Win From Playing Russian Roulette

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The average expected win from playing Russian roulette is five-sixth of the reward. But if you play many times, the average outcome is that you end up dead. If you have a very ambitious demanding job and it pushes you to work long hours, I think for most of us, you better be aware of those other risks," he says.

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