wedrifid 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 01 February 2012 04:12:51AM *  2 points [-]

Why would those be linear?

Given that the scope of the problem is so much larger than the influence that we usually have when making the calculations here the gradient at the margin is essentially linear.

(i.e. who understands that?)

Most people who have read Eliezer's posts. He has made at least one on this subject.

Comment author: [deleted] 01 February 2012 05:42:26AM 1 point [-]

Given that the scope of the problem is so much larger than the influence that we usually have when making the calculations here the gradient at the margin is essentially linear.

That's exactly what I would say, in way fewer words. Well said.