Utility-theoretic indexing: A note on Wilson's note

  title={Utility-theoretic indexing: A note on Wilson's note},
  author={William S. Cooper},
nonpredictive rules derives, 1 suspect, simply from the truth that rational behavior is behavior that is guided by expectations about the consequences of one’s choices. But we may be guided by our expectations both when deciding on a single action and when deciding on a rule or policy for action. We can consider actions one at a time or in groups. I t is precisely by reference t o expected consequences that one might decide to adopt a nonpredictive rule of action. If rationality requires that… CONTINUE READING

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