Without talking about utility functions, we can’t talk about expected utility maximization, so we can’t define what it means to be ideally rational in the instrumental sense
I like this explanation of why utility-maximization matters for Eliezer’s overarching argument. I hadn’t noticed that before.
But it seems like utility functions are an unnecessarily strong assumption here. If I understand right, expected utility maximization and related theorems imply that if you have a complete preference over outcomes, and have probabilities that tell you how decisions influence outcomes, you have implicit preferences over decisions.
But even if you have only partial information about outcomes and partial preferences, you still have some induced ordering of the possible actions. We lose the ability to show that there is always an optimal ‘rational’ decision, but we can still talk about instances of irrational decision-making.
I like this explanation of why utility-maximization matters for Eliezer’s overarching argument. I hadn’t noticed that before.
But it seems like utility functions are an unnecessarily strong assumption here. If I understand right, expected utility maximization and related theorems imply that if you have a complete preference over outcomes, and have probabilities that tell you how decisions influence outcomes, you have implicit preferences over decisions.
But even if you have only partial information about outcomes and partial preferences, you still have some induced ordering of the possible actions. We lose the ability to show that there is always an optimal ‘rational’ decision, but we can still talk about instances of irrational decision-making.