You’re absolutely right! I think I have a true intuition I’m trying to communicate, and will continue to think about it and see, but it might turn out that the entirety of the intuition can be summarized as “actually the utility is nonlinear in money”.
You’re absolutely right! I think I have a true intuition I’m trying to communicate, and will continue to think about it and see, but it might turn out that the entirety of the intuition can be summarized as “actually the utility is nonlinear in money”.