Ya, maybe your representor should be a convex set, so that for any two functions in it, you can take any probabilistic mixture of them, and that would also be in your representor. This way, if you have one with expected value x and another with expected value y, you should have functions with each possible expected value between. So, if you have positive and negative EVs in your representor, you would also have 0 EV.
Do you mean negative EV is slightly extreme or ruling out negative EV is slightly extreme?
I think neglecting to look into and address ways something could be negative (e.g. a probability difference, EV) often leads us to unjustifiably assuming a positive lower bound, and I think this is an easy mistake to make or miss. Combining a positive lower bound with astronomical stakes would make the argument appear very compelling.
Ya, maybe your representor should be a convex set, so that for any two functions in it, you can take any probabilistic mixture of them, and that would also be in your representor. This way, if you have one with expected value x and another with expected value y, you should have functions with each possible expected value between. So, if you have positive and negative EVs in your representor, you would also have 0 EV.
Do you mean negative EV is slightly extreme or ruling out negative EV is slightly extreme?
I think neglecting to look into and address ways something could be negative (e.g. a probability difference, EV) often leads us to unjustifiably assuming a positive lower bound, and I think this is an easy mistake to make or miss. Combining a positive lower bound with astronomical stakes would make the argument appear very compelling.
Yeah I meant ruling out negative EV in a representor may be slightly extreme, but I’m not really sure—I need to read more.