Tag: Decision THeory

• How to Make Rational Choices

  Unless there are overriding moral objections, one should make instrumentally rational choices—choices that best serve one’s ends full stop. Expected utility (EU) theory is generally accepted as a normative theory of (instrumentally) rational choice under risk. EU theory advises agents to rank their choice options (from least to most choiceworthy) according to their EU, where…

  jdavidrobert

  August 26, 2022

  Uncategorized

  Decision THeory, Expected Utility Theory, Philosophy, Rationality