Related to this, one common argument against utility maximization is that "we still cannot precisely measure utility". But here, it's perhaps more clear that we don't need to. What's important for decision making is that we have models that we can expect will help us maximize our true utility functions, even if we really don't know much about what they really are.

ozziegooen's Shortform

by ozziegooen 31st Aug 2019127 comments