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The quickest possible introduction to Bayesian decision theory, pt. 2 : Expected Utility

The quickest possible introduction to Bayesian decision theory is ending up longer than I expected. Part 2 will itself be a In my last post in this series, we covered some basic probability theory, including probability functions, updating & Bayes' theorem, and "Dutch book" arguments for the main rules of Bayesianism. Today, we move from belief to action.

Today, we move from belief to action. I hope I made a good case that degrees of belief aren't fake, and today I hope I'll make a good case that utilities aren't totally fake.

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