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No, that doesn't follow. You might be acting in a short-sighted or impulsive way that doesn't maximize your utility. You can't just post-hoc declare that your t
by CrazyStat 4y ago
No, that doesn't follow. You might be acting in a short-sighted or impulsive way that doesn't maximize your utility. You can't just post-hoc declare that your true utility function is whatever would have led you to the decision you made.