Sorry, that was unclear. I meant “internal” to the decision making process. This process is implemented on many individuals in case of human collective intelligence. But in some cases it makes sense to think about it as a single decision making process in the abstract.
Are you looking for the expression “risk budget”?
What is “internal currency” when you are talking about “multiple agents acting independently”?
Sorry, that was unclear. I meant “internal” to the decision making process. This process is implemented on many individuals in case of human collective intelligence. But in some cases it makes sense to think about it as a single decision making process in the abstract.