Perplexed comments on Circular Altruism - Less Wrong

40 Post author: Eliezer_Yudkowsky 22 January 2008 06:00PM

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Comment author: bgaesop 17 January 2011 07:52:02PM *  0 points [-]

You are denying people the ability to calculate expected utility, which VNM says they must use in making decisions!

Could you go more into what exactly risk-averse means? I am under the impression it means that they are unwilling to take certain bets, even though the bet increases their expected utility, if the odds are low enough that they will not gain the expected utility, which is more or less what I was trying to say there. Again, the reason I would not play even a fair lottery.

Ask someone else.

Okay. I'll try to respond to certain posts on the subject and see what people recommend. Is there a place here to just ask for recommended reading on various subjects? It seems like it would probably be wasteful and ineffective to make a new post asking for that advice.

Comment author: Perplexed 17 January 2011 08:59:25PM 1 point [-]

Here is an earlier comment where I said essentially the same thing that Will_Sawin just said on this thread. Maybe it will help to have the same thing said twice in different words.