Skip to main content

The Decision Variable

This video presents the same text shown beside it, spoken and on screen. It adds nothing the text does not say.

State

A decision variable has no probabilities attached — the agent chooses its value; chance variables get beliefs, decision variables get chosen.

Show

The umbrella case: one decision variable — carry or leave — one chance variable — rain at 0.3 — and four outcomes needing utilities.

Watch for

Drawing up that inventory — what I control, what chance controls, what I care — is most of the work.