How to weigh decisions

On Tue, 04 Apr 2084, by @lucasdicioccio, 56 words, 0 code snippets, 0 links, 0images.

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This article is still considered unfinished and content may change significantly.

introduction

  • decisions is our daily life
  • economists study a notion of “prospects”
  • mathematical optimization has a lot of frameworks
  • techniques and finding meet and overlap, simulations games

paving the way for big decisions

  • identifying the operating space, inputs and objectives
  • identifying decisions and constraints

important notions

  • relaxation from optimal
  • pareto front
  • measure of how good a decision is vs. how good the outcome is (relative and absolute)