Posts from June 2017

Pascal’s Wager: Much to Gain, Much Less to Lose

“Yes, but you have to wager…” “The wager” might be the most famous proposal made by Blaise Pascal in the Pensees. As a reader, you would expect an apologetic argument from probability from a mathematician, but then again, calculated decisions involving risk and reward are part of the general human experience. From investments to weather forecasts, we make choices based on the…