It's some hilarious turf/flame war. The paper itself is pretty interesting if you know some maths and haven't thought about non-linear utility functions. You c

It's some hilarious turf/flame war. The paper itself is pretty interesting if you know some maths and haven't thought about non-linear utility functions. You can also read that "original" paper by Bernoulli, he has some simple examples there (for example why does it make sense to buy insurance despite it having negative expected payoff, he brings the example of ship cargo insurance but it applies to any kind of insurance really). EDIT: Daniel Bernoulli's paper: https://www.semanticscholar.org/paper/Exposition-of-a-New-Theory-on-the-Measurement-of-Bernoulli/ef512f15aa1c294c7575aa329a7fecd80be6633b https://www.semanticscholar.org/paper/Exposition-of-a-New-Th...