whpearson comments on In conclusion: in the land beyond money pumps lie extreme events - Less Wrong

4 Post author: Stuart_Armstrong 23 November 2009 03:03PM

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Tags: utility expected_utility money probability decision_theory arbitrage extreme_events

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Comment author: cousin_it 23 November 2009 03:24:52PM *  3 points [-]

In my estimation, the expected utility for the singularity institute's budget grows much faster than linearly with cash. But I would be most disappointed if the institute sunk all its income into triple-rollover lottery tickets.

...Now I'm stuck wondering why they don't do that. Eliezer tries to follow expected utility, AFAIK.

Comment author: whpearson 23 November 2009 03:51:19PM 1 point [-]

Maybe he thinks they'd get less donations in the long term if he did something like that.

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