MichaelVassar comments on Purchase Fuzzies and Utilons Separately - 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 (85)
"Utilons" isn't quite the right word: utilons are all I purchase. My utility function is a sum of components: I can decompose it into a local part to do with my happiness and the happiness of those close to me (and thus status, warm fuzzies and the like) and a global part to do with things like the lives of strangers and the future of humanity. I try to strongly mark the boundary between those two, so I don't for example value the lives of people in the same country as me more than those in different countries.
You're saying I can more optimally spend resources on efforts that clearly serve one or the other than on efforts that try to do both and do neither well, and I agree, I'd just phrase it differently: purchase big-picture utility and small-picture utility separately.
Sum of components, product, or more complex functions.
Just a sum, I think; my understanding of utility is that it's part of the definition that it makes sense to sum it.