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Risk Budgets vs. Basic Decision Theory 2021-04-05T21:55:51.278Z

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Comment by Vlad Firoiu (vlad-firoiu) on Risk Budgets vs. Basic Decision Theory · 2021-04-06T12:52:06.696Z · LW · GW

On further reflection I agree that diminishing return are pretty important. One consequence of them is that there is effectively a cap P on the total positive utility in a given time T. That turns into a risk cap of P/C per time period T.