wedrifid comments on Welcome to Less Wrong! - Less Wrong

48 Post author: MBlume 16 April 2009 09:06AM

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Comment author: wedrifid 30 December 2011 09:13:50AM 0 points [-]

The utility of winning $1000 is not the negative of the utility of losing $1000.

From what I have inferred about Michael's financial status the approximation seemed safe enough.

Comment author: Maelin 30 December 2011 03:25:06PM *  0 points [-]

The utility of winning $1000 is not the negative of the utility of losing $1000.

From what I have inferred about Michael's financial status the approximation seemed safe enough.

Fair enough in this case, but it's important to avoid assuming that the approximation is universally applicable.