Less Wrong is a community blog devoted to refining the art of human rationality. Please visit our About page for more information.

royf comments on Focus Your Uncertainty - Less Wrong

33 Post author: Eliezer_Yudkowsky 05 August 2007 08:49PM

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

Comments (16)

Sort By: Old

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

Comment author: royf 31 May 2012 05:12:04PM *  4 points [-]

This solution is the Kelly strategy. It isn't generally optimal, but this makes it optimal in this case:

if some particular outcome occurs, then your utility function is logarithmic in time spent preparing the excuse

Comment author: thomblake 31 May 2012 05:59:47PM 1 point [-]

Nice - I'm not sure if I've encountered that strategy before.