tut comments on Is risk aversion really irrational ? - Less Wrong

41 Post author: kilobug 31 January 2012 08:34PM

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Comment author: tut 02 February 2012 04:58:11PM *  2 points [-]

I liked this argument and I have upvoted your summary below. I will upvote the post as well, if you replace the word "utilitarian" with the phrase "utility maximizer". A utility maximizer is an agent that acts (as though) so as to maximize a utility function, which is what you appear to mean. A utilitarian is a person with an ethical outlook which tells them to maximize the sum of the utility of all persons (with different flavors of utilitarianism using different definitions of "utility", "sum" and "person").

Comment author: kilobug 03 February 2012 09:14:09AM 1 point [-]

The context made it clear, but better be precise, you're right, so I fixed it.

Comment author: tut 04 February 2012 05:58:15PM 1 point [-]

Thank you. Upvoted.