necktie paradox

Hello, you have come here looking for the meaning of the word necktie paradox. In DICTIOUS you will not only get to know all the dictionary meanings for the word necktie paradox, but we will also tell you about its etymology, its characteristics and you will know how to say necktie paradox in singular and plural. Everything you need to know about the word necktie paradox you have here. The definition of the word necktie paradox will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofnecktie paradox, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.

English

English Wikipedia has an article on:
Wikipedia

Proper noun

the necktie paradox

  1. An apparent paradox within the subjectivistic interpretation of probability theory, in which two people wager over whose necktie is cheapest, with the owner of the more expensive tie giving it to the other. Taking the wager seems to be to the advantage of both people.