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ParagonProtege comments on Cognitive Neuroscience, Arrow's Impossibility Theorem, and Coherent Extrapolated Volition - Less Wrong Discussion
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I couldn't find the precise paragraph, either. Searching the literature lead me to pp.136-7 of Glimcher's Foundations of Neuroeconomic Analysis. See his definitions for "subjective value" and "utility." I imagine this is the source Luke drew the fact from.