I still need to think more about whether expected utility maximizers are a good human model. My main problem is that I can’t see realistic implementations in the brain (and pathways for evolution to get them there). I’ll focus my study more on that; I think I dismissed them too easily.
I agree with you on the bounded utility function.
I still need to think more about whether expected utility maximizers are a good human model. My main problem is that I can’t see realistic implementations in the brain (and pathways for evolution to get them there). I’ll focus my study more on that; I think I dismissed them too easily.