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Tom_Breton comments on Allais Malaise - Less Wrong

20 Post author: Eliezer_Yudkowsky 21 January 2008 12:40AM

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Comment author: Tom_Breton 27 January 2008 01:23:21AM 2 points [-]

Perhaps a lot of confusion could have been avoided if the point had been stated thus:

One's decision should be no different even if the odds of the situation arising that requires the decision are different.

Footnote against nitpicking: this ignores the cost of making the decision itself. We may choose to gather less information and not think as hard for decisions about situations that are unlikely to arise. That factor isn't relevant in the example at hand.