Showing posts with label George Smith. Show all posts
Showing posts with label George Smith. Show all posts

Thursday, November 9, 2017

The Pascal wager and the Smith wager

Blaise Pascal
Blas Pascal (1623-1662) is known for his activity in mathematics (he devised the triangle of Pascal), physics (he proved the principle of Pascal, invented the hydraulic press and experimented with atmospheric pressure) and especially for his Pensées (Thoughts) one of which contains the first known example of the use of game theory, whose theoretical development had to wait until the twentieth century. This example is the famous Pascal wager, which he expressed thus:
Dieu est ou il n’est pas. Mais de quel côté pencherons‑nous?... Pesons le gain et la perte en prenant croix que Dieu est. Estimons ces deux cas: si vous gagnez, vous gagnez tout, si vous perdez, vous ne perdez rien. Gagez donc qu’il est sans hésiter. 
Whose English translation is:
God exists or He does not exist. Which side shall we take?... Let us weigh the gain and loss, assuming that God exists. Let us consider both cases: if you win, you win everything; if you lose, you lose nothing. So you must wager, without doubt, for His existence.