A given decision agent is making choices, including clippy, maximizers, and satisficers. All of them have utility functions which include increasing utility for things they like. Generally, both maximizers and satisficers have declining marginal utility for things they like, but increasing absolute utility for them. U(n things) < U(n+1 things), but U(thing #n) < U(thing #n+1).
Agents have competing desires (more than one thing in their utility function). So choices they make have to weigh different things. Do I want N of x and M+1 of y, or do I want N+1 of x and M of y? This is where it gets interesting: a satisficer generally values minimizing time and hassle more than getting more of a thing than really necessary. An optimizer values minimizing time and hassle, but less so compared to getting more desirable future states.
Clippy doesn’t have multiple things to balance against each other, so it doesn’t matter whether its utility function has declining marginal utilty, nor to what degree it declines. It has increasing absolute utilty, and there’s nothing else to optimize, so more clips is always better. This is an unrelated topic to satisficers vs maximizers.
A given decision agent is making choices, including clippy, maximizers, and satisficers. All of them have utility functions which include increasing utility for things they like. Generally, both maximizers and satisficers have declining marginal utility for things they like, but increasing absolute utility for them. U(n things) < U(n+1 things), but U(thing #n) < U(thing #n+1).
Agents have competing desires (more than one thing in their utility function). So choices they make have to weigh different things. Do I want N of x and M+1 of y, or do I want N+1 of x and M of y? This is where it gets interesting: a satisficer generally values minimizing time and hassle more than getting more of a thing than really necessary. An optimizer values minimizing time and hassle, but less so compared to getting more desirable future states.
Clippy doesn’t have multiple things to balance against each other, so it doesn’t matter whether its utility function has declining marginal utilty, nor to what degree it declines. It has increasing absolute utilty, and there’s nothing else to optimize, so more clips is always better. This is an unrelated topic to satisficers vs maximizers.
Okay, thank you. I was focusing on the pathological case.