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Could you clarify what you take to be the relationship between utility and disutility? (If, e.g., disutility = -utility, then max expected disutility is the exact same thing as min expected disutility, and trying to do one is the same as trying to do the other.)
I guess the difference is that disutility has a lower bound: 0. So there's a point where an expected disutility minimizer can actually stop, and it is always trying to get to that point.
It seems to me expected utility maximizers can never logically stop because utility has no upper bound. Am I wrong?
This inability to stop is a big part of why expected utility maximizers are creepy. Am I wrong?
I'm not even sure two utility maximizers can coexist peacefully at all. Two disutility minimizers could certainly get along unless their disutility functions overlap ... (read more)