The basic framework here seems plausible but it'd be easier to say something useful if you gave more specific worked examples from your life.
With all the love and care, my personal example of how I did all this. https://www.lesswrong.com/posts/yzquFnvNapay9otjW/to-raemon-bet-in-my-personal-goals
Wow! I post here without expecting much feedback, and when it comes, it gives me a thrill. Well, as a practical example, I asked Claude.IA to simulate detailed use of the framework. here https://www.lesswrong.com/posts/EPFpZDLDDMaAjsK7q/if-we-can-educate-ais-why-not-apply-that-education-to-people-1 I have an apk with the functional model that I store in CSV format. Also, if you're interested in seeing it installed, I can send it to you.
In the racetrack of my life, I see horses of different breeds, trainers, and odds I could bet on: professional careers, relationships, personal projects, skills to develop. How can I bet better?
Some bets are very expensive, like my case of studying probabilistic reasoning here at LessWrong, haha. And others just seem weird, like when I betting that eating a kilo of cheese would relax me and help me think better... (Well, it didn't. I could make other weirder bets, but that one seems less likely to be canceled.) The point is, I left two expectations to analyze, one very difficult and one very easy.
But what questions would help me get faster and more accurate information about my bets?
What’s give me competitive advantage in be a genius LessWrong or a genius in eating cheese?
What are the real odds in be a genius in LessWrong or or a genius eating cheese?
To know, I'd have to study the world what do the other peoples in your bets, so:
Well, the world has thousands of data points and people, and I'm just one. So, it seems I'm more likely to study myself first (how wonderful! I love myself).
But, what questions help me study myself for betting?
It seems that by analyzing my experiences, I could establish a benefit/cost Also, I could look for some generalizations in my horses, like intrinsic values, and define groups and types of horses for each bet: long distance? short distance? ...
Right now, I'd rather bet more on my horse, who wants to learn probability in LessWrong, than on my horse who thinks everything can be solved by eating cheese.