it’s the kind of terminal value that i expect for most people would be different; guaranteed continuation in 5% of instances is much better than 5% chance of continuing in all instances; in the first case, you don’t die!
And even in the case where we are assigning negative utility to death, most people are really considering counterfactual utility from being alive, and 95% of that (expected) counterfactual utility is lost whether 95% of the “instances of you” die or whether there is a 95% chance that “you” die.
And even in the case where we are assigning negative utility to death, most people are really considering counterfactual utility from being alive, and 95% of that (expected) counterfactual utility is lost whether 95% of the “instances of you” die or whether there is a 95% chance that “you” die.