How can you know that it is expected value maximizing when it is uncertain?
Expected value is, by definition, the value evaluated in the face of (quantified) uncertainty. It is actual value that you do not know whether you are maximising. Actual value is what you care about, but expected value is all you know.
I read “when completing the task is expected value maximizing” to mean among the available tasks that maximises expected value conditional on being able to even establish such an expected value.
Thus I felt the uncertainty mentioned was of the kind not being part of the effective value. OK. It was strictly not correct. In the end you theoretically can always smear your uncertainty over all tasks. That what you meant.
But mayby the unease is due to some more uncertain difficult to grasp kind. Like the Radical Uncertainty.
Expected value is, by definition, the value evaluated in the face of (quantified) uncertainty. It is actual value that you do not know whether you are maximising. Actual value is what you care about, but expected value is all you know.
I read “when completing the task is expected value maximizing” to mean among the available tasks that maximises expected value conditional on being able to even establish such an expected value.
Thus I felt the uncertainty mentioned was of the kind not being part of the effective value. OK. It was strictly not correct. In the end you theoretically can always smear your uncertainty over all tasks. That what you meant.
But mayby the unease is due to some more uncertain difficult to grasp kind. Like the Radical Uncertainty.