A, which grants -100 utilons with 99.9% chance and +10000 utilons with 0.1% A has an expected utility of +900.1 utilons
A, which grants -100 utilons with 99.9% chance and +10000 utilons with 0.1%
A has an expected utility of +900.1 utilons
Um, A actually has a utility of -89.9.
That explains why it seems less appealing!
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.