":: iNic, I did not say that one solution was as good as any other. I did not say that ""truth"" is not objective in mathematics. You used the word ""valid"", I hope that the TEP page will only report valid solutions of TEP, and you yourself know there are several different ones. There is not one unique way to translate words about an imaginary situation into a mathematical model or into a logical framework. But anyway, neither your opinions nor my opinions are of any relevance. What do the reliable sources say? There are reliable sources from philosophy who treat TEP like a philosophy problem. There are reliable sources from probability theory who treat TEP like a mathematical puzzle. Plenty of them. Axiomatizations of decision theory, subjective probability: ever heard of de Fineti, Savage? Read some books on mathematical economics, consumer choice... ?   

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