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Old November 18 2013, 10:01 PM   #61
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Location: Kentucky
Re: Information age to "Hybrid Age"

When in the practical world is all else really equal? In "the real world", as opposed to in academic toy problems, people have to chose between alternatives for which there is no obviously superior alternative. It's called making hard choices, and most people have to do it every day, even if it's not life or death. It's a fair question to ask for clarification on which utility function you have in mind.
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