cousin_it comments on True numbers and fake numbers - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (128)
In what sense are preferences over lotteries less meaningful than preferences over pure outcomes?
I don't think you can determine preferences over outcomes from preferences over lotteries; or if you can, then it's nowhere near as straightforward as multiplying by probabilities, etc. To put it another way, I don't think preferences over lotteries represent preferences over outcomes in any meaningful way.