But there aren’t two players, that’s just the model. What I mean is that all these ways of factoring out B can lead to arbitrary bad real expected utility, as compared with the agent that doesn’t factor.
In the real world, the utility is given by the diagonal (since a and a′ being different in Q(a,a′) is the fiction allowing for factoring of B). Therefore the genuine expected utilities are only on the diagonal, and anything else than c will give −W.
There’s nothing in the setup preventing the players from having access to independent random bits, though it’s fair to say that these approaches assume this to be the case even when it’s not.
But then the fault is with that assumption of access to randomness, not with any of the constraints on Q. So I don’t think this is a strike against these methods.
I’m not following. This “game” isn’t a real game. There are not multiple players. There is one agent, where we have taken its real, one-valued probability, and changed it into a two-valued Q, for the purposes of factoring out the impact of the variable. The real probability is the original probability, which is the diagonal of Q.
But there aren’t two players, that’s just the model. What I mean is that all these ways of factoring out B can lead to arbitrary bad real expected utility, as compared with the agent that doesn’t factor.
I still don’t understand why the expected utility is −W rather than 1/2.
In the real world, the utility is given by the diagonal (since a and a′ being different in Q(a,a′) is the fiction allowing for factoring of B). Therefore the genuine expected utilities are only on the diagonal, and anything else than c will give −W.
There’s nothing in the setup preventing the players from having access to independent random bits, though it’s fair to say that these approaches assume this to be the case even when it’s not.
But then the fault is with that assumption of access to randomness, not with any of the constraints on Q. So I don’t think this is a strike against these methods.
I’m not following. This “game” isn’t a real game. There are not multiple players. There is one agent, where we have taken its real, one-valued probability, and changed it into a two-valued Q, for the purposes of factoring out the impact of the variable. The real probability is the original probability, which is the diagonal of Q.