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Luke_A_Somers comments on Fairness vs. Goodness - Less Wrong
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Ack, brain fell out! I meant they picked (b).
Otus, I'd pick your first option. I don't think the safety of (2%, 2%) is worth the 0.5% expected value loss. If the risks were huge, say (-20%, 30%) and (2%, 2%) I'd probably play safe.
Mapping from growth rates onto utility is not as simple as adding. Relative growth provides strategic advantage.