Matt_Simpson comments on Open thread, January 25- February 1 - Less Wrong

8 Post author: NancyLebovitz 25 January 2014 02:52PM

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Comment author: [deleted] 26 January 2014 01:26:49AM 11 points [-]

Also, it's well possible that your utility function doesn't evaluate to +10000 for any value of its argument, i.e. it's bounded above.

Comment author: Matt_Simpson 31 January 2014 05:14:58AM 0 points [-]

Since utility functions are only unique up to affine transformation, I don't know what to make of this comment. Do you have some sort of canonical representation in mind or something?

Comment author: [deleted] 31 January 2014 07:25:49AM -1 points [-]

In the context of this thread, you can consider U(status quo) = 0 and U(status quo, but with one more dollar in my wallet) = 1. (OK, that makes +10000 an unreasonable estimate of the upper bound; pretend I said +1e9 instead.)