twanvl comments on Is risk aversion really irrational ? - Less Wrong

41 Post author: kilobug 31 January 2012 08:34PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (65)

You are viewing a single comment's thread.

Comment author: twanvl 02 February 2012 10:44:34PM 1 point [-]

He did take B1, and won it. He has 27 clips. If he doesn't take B2, he'll stay with 27 clips, and u=4.10.

This is wrong, since sqrt(27) = 5.20, not 4.10. The latter is the expected utility before winning B1. This doesn't seem to affect the rest of the article, though.

Comment author: kilobug 05 February 2012 11:58:02AM 0 points [-]

You're right, fixed.