For expected utility calculations in Pascal-wagerish scenarios there can be huge difference between various very very tiny magnitudes of probability. “Zero” actually means “so small that it is reasonable to ignore the possibility”, i.e. the expected (dis)utility is tiny compared to other choices.
For expected utility calculations in Pascal-wagerish scenarios there can be huge difference between various very very tiny magnitudes of probability. “Zero” actually means “so small that it is reasonable to ignore the possibility”, i.e. the expected (dis)utility is tiny compared to other choices.