Bongo comments on Why We Can't Take Expected Value Estimates Literally (Even When They're Unbiased) - Less Wrong

75 Post author: HoldenKarnofsky 18 August 2011 11:34PM

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Comment author: Bongo 18 August 2011 06:48:44PM *  22 points [-]

Thus, when aiming to maximize expected positive impact, it is not advisable to make giving decisions based fully on explicit formulas.

I love that you don't seem to argue against maximizing EV, but rather to argue that a certain method, EEV, is a bad way to maximize EV. If this was stated at the beginning of the article I would have been a lot less initially skeptical.