Making Simple Decisions
- There has been a lot of research into decision making
over the years.
- There is sophisticated research in AI, Psychology and in Economics.
- Decision making around making money is particularly well researched,
which isn't really surprising.
- Utility theory, particularly where you want to maximise the
expected outcome of money, is quite solid.
- If you have a good model of the world, a rational agent
can maximise their utility particularly over time.