How to Avoid Losing

It’s your lucky day! You meet a kind stranger who offers you your choice of a great deal, something for nothing. No tricks, really: you’re getting a free lunch.  She gives you $45. Then, she asks if you want to keep that money, or give it to her in exchange for a coin flip, where if it’s heads, she’ll give you $100, and if tails, you get nothing. Which do you choose? Do you want $45 in cold, hard cash in your pocket, or are you willing to take a chance with the coin flip? Decide before reading further.  When…...