conchis comments on On dollars, utility, and crack cocaine - Less Wrong

13 Post author: PhilGoetz 04 April 2009 12:00AM

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Comment author: PhilGoetz 04 April 2009 02:39:01PM 3 points [-]

Yes. I'm not thinking of rationality as a line that people either cross or don't. If you say that rationality is maximizing your expected utility, then none of us are rational.

If they have more reason to play the lottery than we at first thought, then they are more rational than we at first thought.