Are there ways of effectively truncating one's well-being function (establishing a clear welfare floor) that are not suicide?
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Replying to @sarahdoingthing
Since being able to truncate one's well-being function appears to be such a clear win, does it do some kind of hidden (2nd order?) damage?
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Replying to @sarahdoingthing
Basically if everyone had a strictly positive utility function truncated at 0, are there reasons to think everyone wouldn't be better off?
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Replying to @AvengingRedHand
@AvengingRedHand The idea here is that we each measure our own utility, as in revealed preference. Just need to compare it to 0.3 replies 0 retweets 0 likes -
Replying to @sarahdoingthing
@AvengingRedHand I am wondering, do we all get some huge benefit from each of us being able to bind ourselves to involuntarily suffer?2 replies 0 retweets 0 likes -
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Replying to @AvengingRedHand
@AvengingRedHand We do this in lots of practical ways - taking on responsibilities, getting a law degree, joining a street gang...3 replies 0 retweets 0 likes -
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@AvengingRedHand yeah I totally picked the stupidest time to ask crackpot economics questions
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