I think this is back to the point about infinities.
Which suggests that we are failing to communicate. I am not surprised.
The one I wish you would stop bringing up—and instead treat these folk as though they are discounting only a teeny, tiny bit.
I do that! And I still discover that their utility functions are dominated by huge positive and negative utilities in the distant future, while mine are dominated by modest positive and negative utilities in the near future. They are still wrong even if they fudge it so that their math works.
I think this is back to the point about infinities.
Which suggests that we are failing to communicate. I am not surprised.
I went from your “I can’t trust them to judge their own utility as bounded” to your earlier “infinity” point. Possibly I am not trying very hard here, though...
My main issue was you apparently thinking that you couldn’t predict their desires in order to find mutually beneficial trades. I’m not really sure if this business about not being able to agree to maximise some shared function is a big deal for you.
Which suggests that we are failing to communicate. I am not surprised.
I do that! And I still discover that their utility functions are dominated by huge positive and negative utilities in the distant future, while mine are dominated by modest positive and negative utilities in the near future. They are still wrong even if they fudge it so that their math works.
I went from your “I can’t trust them to judge their own utility as bounded” to your earlier “infinity” point. Possibly I am not trying very hard here, though...
My main issue was you apparently thinking that you couldn’t predict their desires in order to find mutually beneficial trades. I’m not really sure if this business about not being able to agree to maximise some shared function is a big deal for you.