Functional Decision Theory

Decision theory

Functional Decision Theory (FDT) is a school of thought within decision theory which states that, when a rational agent is confronted with a set of possible actions, one should select the decision procedure that leads to the best output. It aims to provide a more reliable method to maximize utility — the measure of how much an outcome satisfies an agent's preference — than the more prominent decision theories, Causal Decision Theory (CDT) and Evidential Decision Theory (EDT).

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