Undetermined unless you specify my utility function. Would, for example, I prefer having $1000, with certainty or having a 50% chance of $900 and a 50% chance of $1200; also how much do I care about the future? Also, even though my crystal ball works only for the following day, I still must have some beliefs about what will happen in the future.
Undetermined unless you specify my utility function. Would, for example, I prefer having $1000, with certainty or having a 50% chance of $900 and a 50% chance of $1200; also how much do I care about the future? Also, even though my crystal ball works only for the following day, I still must have some beliefs about what will happen in the future.