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Larks comments on Median utility rather than mean? - Less Wrong Discussion

6 Post author: Stuart_Armstrong 08 September 2015 04:35PM

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Tags: utility axioms mean expected expectation median

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Comment author: Larks 09 September 2015 01:11:31AM 0 points [-]

In finance we use medians a lot more than means.

Comment author: Lumifer 09 September 2015 02:30:38AM 2 points [-]

The rather important question is: For which purpose?

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