crazy88 comments on Decision Theory FAQ - Less Wrong

52 Post author: lukeprog 28 February 2013 02:15PM

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Comment author: crazy88 04 March 2013 09:12:21AM 0 points [-]

My understanding is that in the VNM system, utility is defined over lotteries. Is this the point you're contesting or are you happy with that but unhappy with the use of the word "acts" to describe these lotteries. In other words, do you think the portrayal of the VNM system as involving preferences over lotteries is wrong or do you think that this is right but the way we describe it conflates two notions that should remain distinct.