2 ms·
You are correct. For economic opportunity evaluations, it often superior to treat 0 as having negative infinite utility (e.g. ruin aversion). My comment was abo
by kqr 4y ago
You are correct. For economic opportunity evaluations, it often superior to treat 0 as having negative infinite utility (e.g. ruin aversion). My comment was about more everyday situations where that is clearly not how people behave.