Kindly comments on Checklist of Rationality Habits - Less Wrong
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Comments (186)
By comparing changes in utility as opposed to absolute values.
To the person with $50000, a change to $70000 would have a log utility of 0.336, and a change to $1 billion would have a log utility of 9.903. A change to $1 would have a log utility of -10.819.
I see, thanks.