Well, Wei Dai said “maximize the expected value of some function of your income”; which career achieves that will depend on whether the function is log(x), x, H(x - $40,000/year), exp(x/($1M/year)), or what.
I assumed it was referring to (part of) Wei Dai’s utility function. What other functions could there be a point in applying?
Yes, but we don’t know what Wei Dai’s utility function is, and the answer to his question may depend on that.
Well, Wei Dai said “maximize the expected value of some function of your income”; which career achieves that will depend on whether the function is log(x), x, H(x - $40,000/year), exp(x/($1M/year)), or what.
I assumed it was referring to (part of) Wei Dai’s utility function. What other functions could there be a point in applying?
Yes, but we don’t know what Wei Dai’s utility function is, and the answer to his question may depend on that.