AlexMennen comments on [MIRIx Cambridge MA] Limiting resource allocation with bounded utility functions and conceptual uncertainty - Less Wrong

4 Post author: Vika 02 October 2014 10:48PM

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Comment author: AlexMennen 08 October 2014 04:12:26AM 0 points [-]

I was doubting the underlying assumption of a bounded utility function.

I can defend that assumption: It is impossible for an expected utility maximizer to have an unbounded utility function, given only the assumption that the space of lotteries is complete. http://lesswrong.com/lw/gr6/vnm_agents_and_lotteries_involving_an_infinite/