lukestein’s Twitter Archive—№ 14,540

@AnthonyLeeZhang @0xdoug @danrobinson Here’s a less nerdy, intuitive proof: Buyers might “care more” about payoffs in one state of the world than the other. One extreme is they *only* care about the first state, in which case it’s worth $50. Other extreme is they *only* care about the second → $100.