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bill comments on What Cost for Irrationality? - Less Wrong
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Do you have any examples of real economic circumstances under which a sane person (someone who isn't solely concerned with maximizing the number of Porsches they own, e.g.) would have a convex utility/money curve?
(If there is a way to phrase this question so that it seems more curious and less confrontational, please assume that I said that instead.)
I read somewhere that the reason we don't see these people is that they all immediately go to Vegas, where they can easily acquire as many positive value deals as they want.