More on self-recommending decision theories

By M-Phi

Category: Mind & IdeasPhilosophy

Tags: Philosophy · Theory

Curious whether a decision theory would pick itself? I compute outcomes across 194,481 two-world decision problems, utilities 0 to 20, a uniform prior, credence p, and risk functions. The results show many risk-weighted expected utility (REU) rules are not self-recommending, only r1 matches expected utility theory, and the Gamma-Maximin rule for imprecise probabilities also fails to rec

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Rolly's Take

For the analytical soul who revels in the subtleties of choice and consequence. They seek to understand not just the what, but the why of decision-making, contemplating the very frameworks that shape their judgments amidst uncertainty. Here, philosophy dances with mathematics, inviting an exploration that feels both intimate and intellectually exhilarating.