Consensus is a process for deciding what is best for a group. However, this case differs in that the agent knows that the coin came up heads and so knows that they have nothing to gain by giving up the money. The decision endorsed will be the same regardless of what probability we use so, to demonstrate the theory, we can simply arbitrarily assign an 0. Agree on what important words mean. Since the decision maker preferrred some uncertain options to others, and her preferences
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An encyclopedia of philosophy articles written by professional philosophers.

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Strategic dominance

However, by itself, it provides little aid regarding how the group should conduct itself. We can then safely conclude that she thinks it is more probable that the coin will land heads up rather than not. It is important not to measure an agent's preferences in terms of objective value, e. For example, if we let L be a finite limit on utility we could consider the following scenario from Peterson, , p. Of course, in the particular case at hand you will lose but rational agents often lose in specific cases as, for example, when such an agent loses a rational bet. The Occupy protests are being carefuly watched by the whole nation.
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Consensus Decision Making Articles for learning how to use consensus process

If the formalization of the decision problem is taken to include only two states, viz. Note that, according to this view, another agent in the same circumstance could assign a different probability that it will rain. Unfortunately, a BT agent will fail to decide appropriately in other scenarios. Having learned of this new study, would you choose to chew gum? In this section, I will explore some of the details of probability theory and its relationship to decision theory.
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If neither of you confesses, then I can only get two years apiece on the vandalism charge As the facilitator, you carry an attitude of group success. Another development, suggesting that we should be evidentialists, hinges on the outcome of larger moral theory. If one of you confesses to the bank robbery and the other does not, I will see to it that the confessor gets a one-year term and that the other guy gets a twenty-five year term. When this result was first uncovered, it was presented as evidence against the independence axiom. The concept of facilitative leadership is growing in popularity.
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Super domination decision theory

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