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Vocab
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Richard Thaler

(5 articles)
Utility Function
1944

Utility Function

Mathematical tool utilized in AI to model preferences and calculate the best decision based on expected outcomes.

Generality: 830

Black Box
1966

Black Box

System or model whose internal workings are not visible or understandable to the user, only the input and output are known.

Generality: 822

Uncertainty Reduction
1975

Uncertainty Reduction

A process in AI by which systems manage and diminish uncertainty in predictions and decisions to improve performance and reliability.

Generality: 830

Principle of Rationality
1986

Principle of Rationality

The assumption that an AI agent will act in a way that maximizes its expected utility based on its understanding of the environment.

Generality: 775

Persuasive System
2002

Persuasive System

Type of software designed to change a person's attitude or behavior through persuasion and social influence.

Generality: 511