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Stuart_Armstrong comments on Probabilities Small Enough To Ignore: An attack on Pascal's Mugging - Less Wrong Discussion
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I think this simplifies. Not sure, but here's the reasoning:
L (or expected L) is a consequence of S, so not an independent parameter. If R=1, then is this median maximalisation?http://lesswrong.com/r/discussion/lw/mqa/median_utility_rather_than_mean/ it feels close to that, anyway.
I'll think some more...