Value of control
The value of control is a quantitative measure of the value of controlling the outcome of an uncertain variable. Decision analysis provides a means for calculating the value of both perfect and imperfect control. The former value, informally known as the value of wizardry, is an upper bound for the latter. Obtaining meaningful value-of-control measurements requires an awareness of important restrictions (concerning the nature of free will and the meaning of counterfactual statements) on the validity of this kind of analysis.
See also
| Stub icon | This philosophy of religion-related article is a stub. You can help EverybodyWiki by expanding it. |
 | This finance-related article is a stub. You can help EverybodyWiki by expanding it. |
This article "Value of control" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Value of control. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
