gjm comments on Participation in the LW Community Associated with Less Bias - Less Wrong

31 Post author: Unnamed 09 December 2012 12:15PM

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

Comments (49)

You are viewing a single comment's thread. Show more comments above.

Comment author: gjm 10 December 2012 01:39:34AM 0 points [-]

If the utility of the dollars goes down, doesn't the utility loss from transaction costs also go down? (Because if you care less about the money you can worry less about it. Extreme case: If I offer to give you $0 in a week, you don't need to waste any time or effort keeping track of when I'm supposed to pay you.)