The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities.
It is one of our most exciting discoveries that local discovery leads to a complex of further discoveries. Corollary to this we find that we no sooner get a problem solved than we are overwhelmed with a multiplicity of additional problems in a most beautiful payoff of heretofore unknown, previously unrecognized, and as-yet unsolved problems.
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