New approach to preferences revolutionizes rational decision-making process for agents.
The article introduces a new way for decision-making based on beliefs. It suggests that our preferences are shaped by what we believe, and in turn, our preferences influence our beliefs. This allows us to use our preferences to make decisions, understand why we choose certain things, and adjust our preferences when we learn new information. The researchers combine traditional utility-based decision-making with reasoning-based decision-making to create a more comprehensive approach.