Nick_Tarleton comments on Value is Fragile - Less Wrong
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Wei: Most people in most situations would reject the idea that the set of options presented is part of the outcome - would say that (A,B,C) is a better outcome space than the richer one Tyrrell suggested - so expected utility theory is applicable. A set of preferences can never be instrumentally irrational, but it can be unreasonable as judged by another part of your morality.