nyan_sandwich comments on Risk aversion vs. concave utility function - Less Wrong

1 Post author: dvasya 31 January 2012 06:25AM

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Comment author: wedrifid 31 January 2012 01:24:40PM 2 points [-]

Man, I chose risk aversion as an example I thought would be uncontroversially accepted as a bias. Oh well...

It is uncontroversially a bias away from expected utility maximisation. (I have a post in mind exploring why the 'expected' part of utility maximisation is not obviously a correct state of being for related reasons.)

Comment author: [deleted] 31 January 2012 08:50:38PM 0 points [-]

Oh cool, can't wait.