Hmm. I’ll have to take a closer look at that. You mean that the uncertainties are correlated, right?
No. To quote your own post:
A similar process allows us to arbitrarily set exactly one of the km.
I meant that the utility function resulting from averaging over your uncertainty over the km’s will depend on which km you chose to arbitrarily set in this way. I gave an example of this phenomenon in my original comment.
No. To quote your own post:
I meant that the utility function resulting from averaging over your uncertainty over the km’s will depend on which km you chose to arbitrarily set in this way. I gave an example of this phenomenon in my original comment.
Oh sorry. I get what you mean now. Thanks.
I’ll have to think about that and see where the mistake is. That’s pretty serious, though.