Desrtopa comments on Open Thread, May 1-14, 2013 - Less Wrong

3 Post author: whpearson 01 May 2013 10:28PM

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Comment author: [deleted] 03 May 2013 12:06:34PM 4 points [-]

I think you should be willing to take probabilities of success in the neighborhood of 10% or lower in cases where the costs are sufficiently low.

Yes, but make sure to count all the costs, incl. opportunity costs, in there.

Comment author: Qiaochu_Yuan 03 May 2013 05:38:45PM 5 points [-]

Agreed. But the opportunity cost of quitting porn, for example, is negative: it's actually saving me time.