Preference, Utility & Choice¶
Primes about ranking and committing among alternatives: preference, expected utility, and marginal utility formalize value; discounting and temporal inconsistency track how valuation shifts over time; social choice, preference heterogeneity, and revealed preference examine how individual orderings aggregate or get inferred from action.
14 primes in this family — primes that sit near one another in abstraction space (k-means over structural-signature embeddings). Each is shown with its short description.
- Cost–Benefit Analysis — Evaluate decisions.
- Decision — Committing to one alternative from a set under uncertainty and trade-off, collapsing open deliberation into a chosen path and foreclosing the others.
- Discounting (Present Value) — Present value calculation.
- Expected Utility — Ranking risky options by their probability-weighted utility.
- Marginal Utility — Additional satisfaction.
- Pareto Efficiency — Optimal allocation.
- Parsimony (Occam's Razor) — Prefer simplicity.
- Preference — Agent's ordering over a choice set on some evaluative dimension.
- Preference Heterogeneity and Conflict — Incompatible agent preferences create impasses and partial dissatisfaction.
- Prioritization — Ordering competing claims on finite resources by a value or urgency metric to produce a ranked sequence of action under constraint, making explicit what gets done first and what does not get done at all.
- Revealed Preference — Infer latent value from observed choices rather than stated reports.
- Social Choice — Aggregate many agents' preferences into one collective outcome under a stated rule.
- Temporal Inconsistency and Preference Reversals — Preference orderings reverse as decision horizon approaches.
- Time Preference (Discounting Future) — Present vs future value.