Higher-order decision theory

This paper investigates a surprising relationship between decision theory and proof theory. Using constructions originating in proof theory based on higher-order functions, so called quantifiers and selection functions, we show that these functionals model choice behavior of individual agents. Our f...

Full description

Bibliographic Details
Main Authors: Hedges, J, Oliva, P, Shprits, E, Winschel, V, Zahn, P
Format: Conference item
Published: Springer Verlag 2017
_version_ 1826283771389804544
author Hedges, J
Oliva, P
Shprits, E
Winschel, V
Zahn, P
author_facet Hedges, J
Oliva, P
Shprits, E
Winschel, V
Zahn, P
author_sort Hedges, J
collection OXFORD
description This paper investigates a surprising relationship between decision theory and proof theory. Using constructions originating in proof theory based on higher-order functions, so called quantifiers and selection functions, we show that these functionals model choice behavior of individual agents. Our framework is expressive, it captures classical theories such as utility functions and preference relations but it can also be used to faithfully model abstract goals such as coordination. It is directly implementable in functional programming languages. Lastly, modeling an agent with selection functions and quantifiers is modular and thereby allows to seamlessly combine agents bridging decision theory and game theory.
first_indexed 2024-03-07T01:03:56Z
format Conference item
id oxford-uuid:8aab8b09-2dcd-4978-9355-665d44a27152
institution University of Oxford
last_indexed 2024-03-07T01:03:56Z
publishDate 2017
publisher Springer Verlag
record_format dspace
spelling oxford-uuid:8aab8b09-2dcd-4978-9355-665d44a271522022-03-26T22:33:05ZHigher-order decision theoryConference itemhttp://purl.org/coar/resource_type/c_5794uuid:8aab8b09-2dcd-4978-9355-665d44a27152Symplectic Elements at OxfordSpringer Verlag2017Hedges, JOliva, PShprits, EWinschel, VZahn, PThis paper investigates a surprising relationship between decision theory and proof theory. Using constructions originating in proof theory based on higher-order functions, so called quantifiers and selection functions, we show that these functionals model choice behavior of individual agents. Our framework is expressive, it captures classical theories such as utility functions and preference relations but it can also be used to faithfully model abstract goals such as coordination. It is directly implementable in functional programming languages. Lastly, modeling an agent with selection functions and quantifiers is modular and thereby allows to seamlessly combine agents bridging decision theory and game theory.
spellingShingle Hedges, J
Oliva, P
Shprits, E
Winschel, V
Zahn, P
Higher-order decision theory
title Higher-order decision theory
title_full Higher-order decision theory
title_fullStr Higher-order decision theory
title_full_unstemmed Higher-order decision theory
title_short Higher-order decision theory
title_sort higher order decision theory
work_keys_str_mv AT hedgesj higherorderdecisiontheory
AT olivap higherorderdecisiontheory
AT shpritse higherorderdecisiontheory
AT winschelv higherorderdecisiontheory
AT zahnp higherorderdecisiontheory