gwern comments on Satisficers want to become maximisers - Less Wrong
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Is that really true? This seems to be the main and non-trivial question here, presented without proof. It seems to me that there ought to be plenty of strategies that a satisficer would prefer over a maximizer, just like risk-averse strategies differ from optimal risk-neutral strategies. eg. buying +EV lottery tickets might be a maximizer's strategy but not a satisficer.
I reworded the passage to be:
Yes, the satisficer can be more risk averse than the maximiser - but it's precisely that that makes a worse expected utility maximiser.
OK, that makes more sense to me.