Having cost/benefit in mind is not enough. If you don’t use a heuristic like the one Anders writes about, you need either causal models or something like prediction-based medicine which gives you a way to decide which of two algorithms for decision making is better by looking at the Briers score (or a similar statistic).
Having cost/benefit in mind is not enough. If you don’t use a heuristic like the one Anders writes about, you need either causal models or something like prediction-based medicine which gives you a way to decide which of two algorithms for decision making is better by looking at the Briers score (or a similar statistic).