Date: 2017-09-16 09:05 am (UTC)
aldabra: (Default)
From: [personal profile] aldabra
I think the people who would optimise for non-linear utility tend to not get that far because they look at expected winnings first and decide they're better off not engaging. I think this is probably an error, *because* of non-linearity, but I find myself easily dismissed when I try to have that conversation since expected winnings are negative.
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