Well, yes, I know you know all this stuff. Are you saying we can’t meaningfully discuss it unless we have a precise algorithmic definition of CEV? People’s desires and values are not that precise. I suspect we can only discuss it in vague terms until we come up with some sort of iterative procedure that fits our intuition of what CEV should be, at which point we’ll have to operationally define CEV as that procedure.
Well, yes, I know you know all this stuff. Are you saying we can’t meaningfully discuss it unless we have a precise algorithmic definition of CEV? People’s desires and values are not that precise. I suspect we can only discuss it in vague terms until we come up with some sort of iterative procedure that fits our intuition of what CEV should be, at which point we’ll have to operationally define CEV as that procedure.