ELI5: Explain Like I'm 5

Outcomes theory

Outcomes theory is a fancy way of thinking about what happens when people do things. Imagine you are playing a game and you want to know what happens when you win or lose. That's what outcomes theory is all about.

Let’s imagine you are baking cookies. You have a recipe that tells you what ingredients you need and how to mix them together. After you have followed the recipe, you put the cookies in the oven and wait for them to bake. When they are finished, you take them out and eat them. The outcome of your cookie-making is the taste and texture of your cookies.

So, the outcomes theory is about thinking ahead and considering what will happen once you have finished doing something. It's figuring out what kind of effects you can expect from your actions and decisions.

For example, if you were planning on going to the park to play, there might be a few different outcomes. If it was sunny and warm outside, you might have a lot of fun playing on the swings and the slide. If it started to rain, you might have to go home early, feeling disappointed.

The outcomes theory helps us to think about what might happen before we even start doing something. We can use it to make better choices and decisions, and even to plan for future events. By thinking about what might happen, we can prepare for different scenarios and make sure we are happy with the potential outcomes.