
177 – Decision Trees and Butlerian Jihads with Matt Freeman
The Bayesian Conspiracy
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The Probability of Utility Evaluations for Money
Every human has nonlinear diminishing returns in money in terms of utility. You can usually come up with a probabilistic guess of 60% or what. And it's all based on the gut, obviously. So that's where the probability comes in when we're talking about the decision tree.
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