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One possible resolution to that paradox is to recognise that money is not linearly proportional to 'value'.
by shiandow 2y ago
One possible resolution to that paradox is to recognise that money is not linearly proportional to 'value'.
- LegionMammal978 2y agoIf happiness is, e.g., log(money), then you can just adjust the game to have the payout be $2^2^n after the nth step. This cancels out the logarithm and recovers the paradox. The only way to get out of it with diminishing returns is to have happiness reach a finite asymptote.
- shiandow 2y agoWhen there is a decent probability that you may crash the financial system I'm nor even sure if a strictly monotonically increasing function is appropriate.