I don’t think my actual utility in real life follows that equation, but it’s an example that has properties that make the example work. (Another analogy would be that the utility of being dead comes out to the square root of minus one, which can’t be directly compared with real numbers.)
So once your misery goes below one unit, you get insane gains in utility for small reductions in misery?
I don’t think my actual utility in real life follows that equation, but it’s an example that has properties that make the example work. (Another analogy would be that the utility of being dead comes out to the square root of minus one, which can’t be directly compared with real numbers.)