[ansonparker]

Isn't "Regret Minimization Framework" less awkwardly phrased as "go for it, you only live once".

Or is there some further implication we should be striving to meet octogenarian values and criteria of success?

I remember reading in one of Malcolm Gladwell's books that people tend to regret inaction much more than bad choices.

I guess what I'm saying is this "Framework" seems totally superfluous.

[liuliu]

I think that his formalization here helps as the framework will consider the global implication rather than local optimal. "Go for it, you only live once" symbolized a greedy solution that only optimized for the current satisfaction whereas the "regret minimization framework" tends to optimize for the whole consequences of different choices.

[rsl7]

Yes, it is always inaction. It's easy to justify choices, but never easy to justify indecision.

[riffraff]

or "better to repent than regret" (I believe that is also an english saying, though I may be wrong)

[sp332]

It's close, "Better to ask forgiveness than permission."

[riffraff]

I thought of this too but considered it as different. forgiveness/permission is what I'd think of before kissing a girl, while repent/regret would be what I'd think before going out with her ;)

Thanks for the reply.