I think my thought process when I typed “risk-averse money-maximizer” was that an agent could be risk-averse (in which case it wouldn’t be an EUM) and then separately be a money-maximizer.
But I didn’t explicitly think “the risk-aversion would be with regard to utility not money, and risk-aversion with regard to money could still be risk-neutral with regard to utility”, so I appreciate the clarification.
I think my thought process when I typed “risk-averse money-maximizer” was that an agent could be risk-averse (in which case it wouldn’t be an EUM) and then separately be a money-maximizer.
But I didn’t explicitly think “the risk-aversion would be with regard to utility not money, and risk-aversion with regard to money could still be risk-neutral with regard to utility”, so I appreciate the clarification.