Perplexed comments on Circular Altruism - Less Wrong
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Comments (300)
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.
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.
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.