You’re right about my misunderstanding. Thanks for the clarification.
I don’t think the median moment is the Correct KPI if the distribution has high variance, and I believe this is the case with pain and pleasure experiences. Extreme suffering is so bad that most people will need a lot of “normal” time to compensate for it. I would think that most people will not trade torture to extend their lives in 1:1 and probably not even in 1:10 ratios. (E.g. you get tortured for X time and get your life extended by aX time in return)
You’re right about my misunderstanding. Thanks for the clarification.
I don’t think the median moment is the Correct KPI if the distribution has high variance, and I believe this is the case with pain and pleasure experiences. Extreme suffering is so bad that most people will need a lot of “normal” time to compensate for it. I would think that most people will not trade torture to extend their lives in 1:1 and probably not even in 1:10 ratios. (E.g. you get tortured for X time and get your life extended by aX time in return)
see for example:
A Happy Life Afterward Doesn’t Make Up for Torture—The Washington Post