Difference Making Risk Averse Preferences Can't Be Matters of Pure Benevolence

I'm going to conclude the difference making risk averse preferences can't be matters of pure benevolence. So again, the first premise is what I was trying to just prove by showing you an example. The second premise maybe there's some room to argue about. This slide basically says things are at least somewhat similar for ambiguity aversion as they are for risk aversion. Again, you can find some situations where there's some intuitive preference or at least seems to be intuitive to lots of people and in particular it's a preference that turns out to be important in various philanthropic decision making scenarios.