3 ms·
Whether you stole 1M or 10k makes a big difference to the expected utility of a 100k loss, which is obvious if you consider someone who doesn't actually have 1
by sjy 10y ago
Whether you stole 1M or 10k makes a big difference to the expected utility of a 100k loss, which is obvious if you consider someone who doesn't actually have 100k left to spend on a fine.