4 ms·
That's true assuming a linear or convex utility function. Most people have concave risk functions, so they would rather spend their time with the girl who's 5x
by vecter 16y ago
That's true assuming a linear or convex utility function. Most people have concave risk functions, so they would rather spend their time with the girl who's 5x better than the average girl, but have a 50% shot with.