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JJ's avatar

"This reduction of the value of life to risk aversion (really concavity) helps us understand why the value of life varies so much over individuals and contexts, as we also see puzzlingly large variation and context dependence when we measure risk aversion. I’ll write more on that puzzle soon."

Has this been written? Is this "Problem-Owners Tolerate Risk"?

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RobinHanson's avatar

Yes, these values can differ, though the larger that difference the more that our collective institutions are failing us.

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