Perhaps, but performing every action to prepare for Pascal’s mugging hardly counts as avoiding Pascal’s mugging. Quite the opposite: now you’re constraining everything you do even if nobody threatens you.
There’s actually a larger problem. If you don’t have some way of avoiding Pascal’s mugging, your expected utility is almost certainly divergent. You can find a risk with expected value of arbitrarily high magnitude in either direction.
Thank you! This makes me glad that I had been going through my logic item by Item, because I had not not been considering that Pascal’s mugging had mathematical similarities to the St. Petersburg Paradox.
Perhaps, but performing every action to prepare for Pascal’s mugging hardly counts as avoiding Pascal’s mugging. Quite the opposite: now you’re constraining everything you do even if nobody threatens you.
There’s actually a larger problem. If you don’t have some way of avoiding Pascal’s mugging, your expected utility is almost certainly divergent. You can find a risk with expected value of arbitrarily high magnitude in either direction.
Thank you! This makes me glad that I had been going through my logic item by Item, because I had not not been considering that Pascal’s mugging had mathematical similarities to the St. Petersburg Paradox.