BloodyShrimp comments on Knightian Uncertainty and Ambiguity Aversion: Motivation - LessWrong

20 Post author: So8res 21 July 2014 08:32PM

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Comment author: BloodyShrimp 22 July 2014 10:54:31AM *  2 points [-]

It's all well and good to say you don't maximize utility for one reason or another, but when somebody tells me that they actually maximize "minimum expected utility", my first inclination is to tell them that they've misplaced their "utility" label.

My first inclination when somebody says they don't maximize utility is that they've misplaced their "utility" label... can you give an example of a (reasonable?) agent which really couldn't be (reasonably?) reframed to some sort of utility maximizer?