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AndrewKemendo comments on Post Your Utility Function - Less Wrong
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I am curious how this would look in terms of decisions under experience. Does this imply that they are expecting to change their risk assessment once they are experienced?
I'm afraid I have no idea what you mean, perhaps because I failed to adequately explain the distinction between experienced utility and decision utility, and you've taken it to mean something else entirely. Roughly: experienced utility is something you experience or feel (e.g. positive emotions); decision utility is an abstract function that describes the decisions you make, without necessarily corresponding to anything you actually experience.
Follow the link I gave, or see my earlier comment here (experienced utility is 1., decision utility is 2.)
Apologies if I'm failing to understand you for some other reason, such as not having slept. ;)