 Jeffrey (1982) recalls Savage’s (1954: 21) example of a businessman who believes that it is advantageous to buy a property regardless of whether the Democratic or the Republican candidate will win the upcoming mayor elections. Jeffrey’s twist is that the businessman’s utility depends not only on the property deal, but also on the election outcome. Specifically, buying the property raises the chances that the Democratic candidate, whom he dislikes, will win. In that case he would certainly buy the property after the election, regardless of the outcome, but he may refrain from buying it before the election.