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Functional Decision Theory in an Evolutionary Environment

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  • Noah Topper

Abstract

Functional decision theory (FDT) is a fairly new mode of decision theory and a normative viewpoint on how an agent should maximize expected utility. The current standard in decision theory and computer science is causal decision theory (CDT), largely seen as superior to the main alternative evidential decision theory (EDT). These theories prescribe three distinct methods for maximizing utility. We explore how FDT differs from CDT and EDT, and what implications it has on the behavior of FDT agents and humans. It has been shown in previous research how FDT can outperform CDT and EDT. We additionally show FDT performing well on more classical game theory problems and argue for its extension to human problems to show that its potential for superiority is robust. We also make FDT more concrete by displaying it in an evolutionary environment, competing directly against other theories.

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  • Noah Topper, 2020. "Functional Decision Theory in an Evolutionary Environment," Papers 2005.05154, arXiv.org, revised Apr 2021.
    • Handle: RePEc:arx:papers:2005.05154
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    1. Philipp Gerlach, 2017. "The games economists play: Why economics students behave more selfishly than other students," PLOS ONE, Public Library of Science, vol. 12(9), pages 1-17, September.
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