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orthonormal comments on Exterminating life is rational - Less Wrong
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Can we apply that to decisions about very-long-term-but-not-infinitely-long times and very-small-but-not-infinitely-small risks?
Hmm... it appears not. So I don't think that helps us.
Where did you get the term "satisfice"? I just read that dutch-book post, and while Eliezer points out the flaw in demanding that the Bayesian take the infinite bet, I didn't see the word 'satisficing' in their anywhere.
Huh, I must have "remembered" that term into the post. What I mean is more succinctly put in this comment.
This question still confuses me, though; if it's a reasonable strategy to stop at N in the infinite case, but not a reasonable strategy to stop at N if there are only N^^^N iterations... something about it disturbs me, and I'm not sure that Eliezer's answer is actually a good patch for the St. Petersburg Paradox.