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snarles comments on Probabilities Small Enough To Ignore: An attack on Pascal's Mugging - Less Wrong Discussion
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Like V_V, I don't find it "reasonable" for utility to be linear in things we care about.
I will write a discussion topic about the issue shortly.
EDIT: Link to the topic: http://lesswrong.com/r/discussion/lw/mv3/unbounded_linear_utility_functions/