I posted a V2 of the post here: https://www.lesswrong.com/posts/WYGp9Kwd9FEjq4PKM/sbf-pascal-s-mugging-and-a-proposed-solution. I’m curious what do you think?
The new approach is to also incorporate (with more details in the post):
A bounded utility function to account for human indifference to changes in utility above or below a certain point.
A log or sub log utility function to account for human risk aversion.
I posted a V2 of the post here: https://www.lesswrong.com/posts/WYGp9Kwd9FEjq4PKM/sbf-pascal-s-mugging-and-a-proposed-solution. I’m curious what do you think?
The new approach is to also incorporate (with more details in the post):
A bounded utility function to account for human indifference to changes in utility above or below a certain point.
A log or sub log utility function to account for human risk aversion.