The value of actual outcomes or states of affairs often depends on what could have been. Such dependencies create well-known “paradoxes” for decision theory, the best-known perhaps being the so-called Allais Paradox. The primary aim of this PhD thesis is to enrich decision theory such that it includes counterfactual prospects in the domains of desirability (or utility) functions, and show.
Criteria for evaluating Masters and Doctoral theses Dr Ivan Lowe. March 2013 Short definition of a Masters thesis 1. A masters thesis is an initiation into serious experimental research. A good thesis shows that the writer can produce an extended piece of work, in perfect English, which respects the standards of form and structure.