The min-max normalisation of https://www.lesswrong.com/posts/hBJCMWELaW6MxinYW/intertheoretic-utility-comparison can be seen as the formalisation of normalising on effort (it normalises on what you could achieve if you dedicated yourself entirely to one goal).
The min-max normalisation of https://www.lesswrong.com/posts/hBJCMWELaW6MxinYW/intertheoretic-utility-comparison can be seen as the formalisation of normalising on effort (it normalises on what you could achieve if you dedicated yourself entirely to one goal).