calm down and stop arguing about someone using the word zero in a hyperbolic fashion.
Then we can merely respond to whatever range of the interval you think the utilities are. Read this
or Risk - A Multidisciplinary Introduction all emphasize non-statistical risk measures. It doesn't matter whether it's zero or not.
"We discuss a simplified view of risk assessment and do not cover decision and utility theory except in passing and to make the point that such theory is not enough without coherent models of the problem situation. Most other books try to present decision the- ory and risk all at once and in a very mathematical way; this can be rather overwhelming."
Alright?
You're not adding any information
False. I have given further resources and people have not talked about them. Not every one is passive.
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.
Notes for future OT posters:
1. Please add the 'open_thread' tag.
2. Check if there is an active Open Thread before posting a new one. (Immediately before; refresh the list-of-threads page before posting.)
3. Open Threads should be posted in Discussion, and not Main.
4. Open Threads should start on Monday, and end on Sunday.