Humans are not inherently expected utility maximizers, they're bounded agents with little capacity for reflection. Utility functions are great and all, but in the words of Zack M. Davis, "Humans don't have utility functions."
Humans are not inherently expected utility maximizers, they're bounded agents with little capacity for reflection. Utility functions are great and all, but in the words of Zack M. Davis, "Humans don't have utility functions."