I think utility is a real number, it just happens to be a persons assigned value to a certain thing.
If I assign 100 to something, then the number really is 100 as far as I am concerned—the fact that there is no instrument to measure this clouds the issue. It is similar to survey results—none of the numbers are absolutely measurable, as each is the persons answer to that question at that time.
Yes I can—at any given time in my life I have weightings assigned to some choices / outcomes (or least a mental formula of it). These weightings may change based on my circumstance but the point I was trying to make is that my numbers are every bit as real as any survey result, sales special.
I think utility is a real number, it just happens to be a persons assigned value to a certain thing. If I assign 100 to something, then the number really is 100 as far as I am concerned—the fact that there is no instrument to measure this clouds the issue. It is similar to survey results—none of the numbers are absolutely measurable, as each is the persons answer to that question at that time.
So, can you give the explicit numbers you assign to specific things?
Yes I can—at any given time in my life I have weightings assigned to some choices / outcomes (or least a mental formula of it). These weightings may change based on my circumstance but the point I was trying to make is that my numbers are every bit as real as any survey result, sales special.
For what it’s worth, survey results are fake numbers, in the sense that I’m using the word.