Isn't it true that there's no uniform distribution over the reals? That seems to be what the whole apparent paradox hinges on.
Isn't it true that there's no uniform distribution over the reals? That seems to be what the whole apparent paradox hinges on.
I wrote it up in more detail here: http://math.stackexchange.com/questions/655972/help-rules-of...
I can't math real good, but this is the part that smells fishy to me.
The point of the paradox is that picking a value and trading anything below it is always a non-losing strategy, and may also be a winning strategy, depending on factors that are not defined in the puzzle (i.e. whether your opponent's choices are anywhere close to the number you chose).
To get a winning probability greater than ½ the second player needs to choose from a distribution that is everywhere positive, which means that a discrete distribution won't do.