Firstly this is a really well written post, and I congratulate you for it.\
But I do disagree with the sentiment. Usually things that seem good are good and things that seem bad are bad. We shouldn’t confuse tail outcomes with the expected utility.
Firstly this is a really well written post, and I congratulate you for it.\
But I do disagree with the sentiment. Usually things that seem good are good and things that seem bad are bad. We shouldn’t confuse tail outcomes with the expected utility.