A lot of rationalist thinking about ethics and economy assumes we have very well defined utility functions - knowing exactly our preferences between states and events, not only being able to compare them (I prefer X to Y), but assigning precise numbers to every combinations of them (p% chance of X equals q% chance of Y). Because everyone wants more money, you should theoretically even be able to assign exact numerical values to positive outcomes in your life.
I did a small experiment of making a list of things I wanted, and giving them point value. I must say this experiment ended up in a failure - thinking "If I had X, would I take Y instead", and "If I had Y, would I take X instead" very often resulted in a pair of "No"s. Even thinking about multiple Xs/Ys for one Y/X usually led me to deciding they're really incomparable. Outcomes related to similar subject were relatively comparable, those in different areas in life were usually not.
I finally decided on some vague numbers and evaluated the results two months later. My success on some fields was really big, on other fields not at all, and the only thing that was clear was that numbers I assigned were completely wrong.
This leads me to two possible conclusions:
- I don't know how to draw utility functions, but they are a good model of my preferences, and I could learn how to do it.
- Utility functions are really bad match for human preferences, and one of the major premises we accept is wrong.
Anybody else tried assigning numeric values to different outcomes outside very narrow subject matter? Have you succeeded and want to share some pointers? Or failed and want to share some thought on that?
I understand that details of many utility functions will be highly personal, but if you can share your successful ones, that would be great.
Actually, the point is that most of the other usages of these words are meaningless confusion, and the argument is that this particular semi-technical sense is what the word actually means, when you get the nonsense out of it. It's not how it's used, but it's the only meaningful thing that fits the idea.
Since you don't just describe the usage of the word, but argue for the confusion behind it, we have a disagreement. Presenting a clear definition is the easy part. Showing that ten volumes of the Encyclopedia of Astrology is utter nonsense is harder, and arguing with each point made in its chapters is a wrong approach. It should be debunked on meta-level, with an argument that doesn't require the object-level details, but that requires the understanding of the general shape of the confusion.
Yes, but ones which most people do not understand to be confusion, and the only reason I started this discussion in the first place was because I was trying to clear up one point in that confusion.
I am arguing against the confusion, not for the confusion. So, as far as I can tell, there should be no disagreement.
In practice, however, you have be... (read more)