> Most, if not all, of these problems can be done away with if you don't assume that utility is linear, but e.g. logarithmic.
Really? You picked the easiest example in the article. Try a more interesting one, like, say, organ harvesting: how does logarithmic utility deal with that?
Really? You picked the easiest example in the article. Try a more interesting one, like, say, organ harvesting: how does logarithmic utility deal with that?