Stuart_Armstrong comments on Expected utility without the independence axiom - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (65)
The results are on the "expected" part of expected utility, not on the "utility" part. Independence is overstrong; replacing it with the somewhat coupling to an expectation maximizer is much weaker. And yet in the limit it mimics the expectation requirement, which is very useful result.
(dropping independence completely leaves you flailing all over the place)