Depending on your preferred framework, this is in some sense backwards: utility is, by definition, that thing which it is always correct to choose the action with the highest expected value of (say, in the framework of the von Neumann-Morgenstern theorem).

Open thread, January 25- February 1

by NancyLebovitz 1 min read25th Jan 2014318 comments

8


If it's worth saying, but not worth its own post (even in Discussion), then it goes here.