- The existence of the concept [[crime of advising a defendant]].
- On the other hand, a world in which advice does not exist at all is not ideal.
- Whatâs the difference.
- For example, when several people are giving advice to a personâs statement on a social networking site, people often give advice without looking at what other people are doing.
- At this time, the expected value is negative because the benefit brought by advice that overlaps with others is zero.
- Pure evil.
- It is one thing to âgive adviceâ and another to âmake sure the advice is useful to the other person.â
- There is always the possibility of giving advice that is not beneficial to the other person because you donât know exactly what their situation is.
- Generate a profit with probability p and a loss with probability 1-p
- Expected value should be positive
- Conversely, if the recipient can go through the unhelpful advice at zero cost, the expected value is positive.
- The lower the cost of responding to advice, the better.
- If the cost of determining whether the advice is correct is high, the expected value is likely to be negative
- Advice that is not sourced often has a high âcan I believe it?â decision cost.
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