In this case, even if an extremely low value is set for L, it seems that paying this amount to play the game is unreasonable. After all, as Peterson notes, about nine times out of ten an agent that plays this game will win no more than 8 · 10-100 utility.
It seems there’s an error here. Should it be “In this case, even if an extremely high value is set for L, it seems that paying a lot to play the game is unreasonable.”?
It seems there’s an error here. Should it be “In this case, even if an extremely high value is set for L, it seems that paying a lot to play the game is unreasonable.”?