ABSTRACT

Since it is irrational to continue to a point where the extra money you have accepted is not worth the extra pain, it may be that the most rational course would be to decide to stop one increment after the point where you first think that detectably greater pain is not worth the money, and resist the temptation to proceed further, even though that too seems irrational. Perhaps we have to accept that there is no fully rational solution to this problem, and that we have to live with the paradox. Alternatively, we need to revise our notion of rational choice to accommodate this sort of case, which is the moral drawn by Warren Quinn, who devised the problem.