“Proves conclusively” is a bit too strong. The conclusion relies on human intuitions about large numbers, and intuitions about what’s imaginable and what isn’t, both of which seem unreliable to me. I think it’s possible (>1%) that the utility function of reasonably defined CEV will be unbounded.
“Proves conclusively” is a bit too strong. The conclusion relies on human intuitions about large numbers, and intuitions about what’s imaginable and what isn’t, both of which seem unreliable to me. I think it’s possible (>1%) that the utility function of reasonably defined CEV will be unbounded.