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Decision Theory

How do rational agents decide which of several available actions to perform?

How do rational agents decide which of several available actions to perform?

How you act
is a function of two things:
your preferences concerning various outcomes
and your beliefs about how likely an available action is to satisfy each of your preferences.

This is important for linking decision theory with belief-desire.

‘we should think of meanings and beliefs as interrelated constructs of a single theory just as we already view subjective values and probabilities as interrelated constructs of decision theory’

\citep[p.~146]{Davidson:1974gh}

Davidson, 1974 p. 146