I. Introduction Let's define decision theory as the study of decisions, specifically their effects on outcomes. There are three main branches of decision theory: descriptive decision theory (how real agents make decisions), prescriptive decision theory (how real agents should make decisions), and normative decision theory (how ideal agents should make outcomes).
Decision Theory: A (Normative) Introduction
Decision Theory: A (Normative) Introduction
Decision Theory: A (Normative) Introduction
I. Introduction Let's define decision theory as the study of decisions, specifically their effects on outcomes. There are three main branches of decision theory: descriptive decision theory (how real agents make decisions), prescriptive decision theory (how real agents should make decisions), and normative decision theory (how ideal agents should make outcomes).