thomblake comments on You're Calling *Who* A Cult Leader? - Less Wrong

45 Post author: Eliezer_Yudkowsky 22 March 2009 06:57AM

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Comment author: thomblake 02 April 2009 02:27:31PM 2 points [-]

Did you mean this as a general rule, or specifically about this topic?

The literal example of eggs seems to indeed work well with multiple baskets, especially if they're all equally good.

Comment author: ciphergoth 02 April 2009 03:53:21PM 12 points [-]

Specifically on this topic.

The expected number of eggs lost is least if you choose the best basket and put all your eggs in it, but because of diminishing returns, you're better off sacrificing a few eggs to reduce the variance. However, your charitable donations are such a drop in the ocean that the utility curve is locally pretty much flat, so you just optimise for maximum expected gain.