I agree with Nate’s suggestion to recognize that Utility is an imperfect model, and perhaps the wrong one to use in infinite situations.
But also, you can get a long way with some form of discounting and declining marginal value for any real measurable thing.
I agree with Nate’s suggestion to recognize that Utility is an imperfect model, and perhaps the wrong one to use in infinite situations.
But also, you can get a long way with some form of discounting and declining marginal value for any real measurable thing.