Strictly speaking, knowledge doesn’t need to have predictive power, as your utility may depend on a piece of knowledge, in which case you don’t expect to observe anything else differently, but you prefer to act differently. That knowledge fixed in a belief still pays rent, but not in expectation.
Strictly speaking, knowledge doesn’t need to have predictive power, as your utility may depend on a piece of knowledge, in which case you don’t expect to observe anything else differently, but you prefer to act differently. That knowledge fixed in a belief still pays rent, but not in expectation.