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AlexMennen comments on [MIRIx Cambridge MA] Limiting resource allocation with bounded utility functions and conceptual uncertainty - Less Wrong Discussion
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Comments (28)
I can defend that assumption: It is impossible for an expected utility maximizer to have an unbounded utility function, given only the assumption that the space of lotteries is complete. http://lesswrong.com/lw/gr6/vnm_agents_and_lotteries_involving_an_infinite/