Actually, if your “utility function” doesn’t obey the axioms of Von Neumann-Morgenstern utility, it’s not an utility function in the normal sense of the world.
I suppose that’s why pnrjulius put “utility function” in quotes.
Actually, if your “utility function” doesn’t obey the axioms of Von Neumann-Morgenstern utility, it’s not an utility function in the normal sense of the world.
I suppose that’s why pnrjulius put “utility function” in quotes.