Counterfactual Probability Survey
Consider this basic stochastic setup
1. a fair coin, Shiny, is minted on Monday
2. Because it is fair, Shiny has a 50% chance of landing heads and 50% of landing tails if flipped on Monday
3. Between Monday and Tuesday, Shiny is dropped in a corrosive liquid for the night.
4. As a result of the corrosion, on Tuesday Shiny has a 90% bias towards heads if flipped on Tuesday
5. Between Tuesday and Wednesday, Shiny is dropped again in the corrosive liquid. By Wednesday, it is unusable for flipping. Goodbye Shiny, you had a wonderful life.