Concept · Foundations

Dominance

Option A dominates option B when A yields an outcome at least as good as B in every possible state of the world, and strictly better in at least one state.

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Why it matters

Dominance is the most powerful decision rule available because it lets you eliminate options without knowing any probabilities, and rational agents never choose a dominated option.

Where this shows up

Units and lessons using this concept

Following the links will take you to the page where this term is introduced in context.

Units (1)

Decision Theory: Choosing Under UncertaintyStudents learn the logic of rational decision making under risk and uncertainty, including expected value, utility, decision matrices, do…

Lessons (2)

Capstone: Decisions Under Real UncertaintyDecision Theory: Choosing Under Uncertainty Decision Matrices and DominanceDecision Theory: Choosing Under Uncertainty

Other concepts in Foundations

A, E, I, O Propositions Accessibility Relation Argument Atomic Statement Base Rate Bayes Factor Calibration Cardinality Cartesian Product Categorical Proposition Categorical Syllogism Circularity