Yes, it’s reasonably sensitive to this, though as you increase how risk averse you are, you also get extinction winning out even for lower and lower probabilities of lm. It’s really a tradeoff between those two.
On your concerns about the probability of lm: I think people very often don’t commit suicide even when their life falls below the level at which it’s worth living. This might be because of optimism about the future, or connection to others and the feeling of obligation towards them, or because of an instinct for survival.
Yes, it’s reasonably sensitive to this, though as you increase how risk averse you are, you also get extinction winning out even for lower and lower probabilities of lm. It’s really a tradeoff between those two.
On your concerns about the probability of lm: I think people very often don’t commit suicide even when their life falls below the level at which it’s worth living. This might be because of optimism about the future, or connection to others and the feeling of obligation towards them, or because of an instinct for survival.