Theory of Decision under Uncertainty

Theory of Decision under Uncertainty

This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability lead to two directions - first, similar behavioral definitions of more general theories, such as non-additive probabilities and multiple priors, and second, cognitive derivations based on case-based techniques.

Download Now
Author
Publisher Cambridge University Press
Release Date
ISBN 9780521741231
Pages 230 pages
Rating 4/5 (38 users)

More Books:

Theory of Decision under Uncertainty
Language: en
Pages: 230
Authors: Itzhak Gilboa
Categories: Business & Economics
Type: BOOK - Published: 2009-03-16 - Publisher: Cambridge University Press

GET EBOOK

This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the mea
Essays on Economic Decisions Under Uncertainty
Language: en
Pages: 460
Authors: Jacques Dr├Ęze
Categories: Business & Economics
Type: BOOK - Published: 1990-05-25 - Publisher: CUP Archive

GET EBOOK

Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theor
Decision Making Under Uncertainty
Language: en
Pages: 350
Authors: Mykel J. Kochenderfer
Categories: Computers
Type: BOOK - Published: 2015-07-17 - Publisher: MIT Press

GET EBOOK

An introduction to decision making under uncertainty from a computational perspective, covering both theory and applications ranging from speech recognition to
Decision-making Under Uncertainty
Language: en
Pages: 215
Authors: Tapan Biswas
Categories: Decision-making
Type: BOOK - Published: 1997 - Publisher: MacMillan

GET EBOOK

At the core of microeconomic theory lie the economics of uncertainty and the economics of games and decisions. This text for undergraduates and specialists in m
Advances in Decision Making Under Risk and Uncertainty
Language: en
Pages: 245
Authors: Mohammed Abdellaoui
Categories: Business & Economics
Type: BOOK - Published: 2008-08-29 - Publisher: Springer Science & Business Media

GET EBOOK

Whether we like it or not we all feel that the world is uncertain. From choosing a new technology to selecting a job, we rarely know in advance what outcome wil
Economic Choice Under Uncertainty
Language: en
Pages: 168
Authors: J. L. Ford
Categories: Decision-making
Type: BOOK - Published: 1987 - Publisher:

GET EBOOK

Managerial Decisions Under Uncertainty
Language: en
Pages: 546
Authors: Bruce F. Baird
Categories: Business & Economics
Type: BOOK - Published: 1991-01-16 - Publisher: John Wiley & Sons

GET EBOOK

How to improve decision-making skills in realistic situations and do it in a reasonably nonmathematical fashion. Develops practical techniques for deciding upon
Objectives and Multi-Objective Decision Making Under Uncertainty
Language: en
Pages: 124
Authors: J. Wilhelm
Categories: Business & Economics
Type: BOOK - Published: 1975-10 - Publisher: Springer

GET EBOOK

The decision situation under consideration; Formal statement of the problem; Solution approaches to the problem of multi-objective decision making under uncerta
Economic Decisions Under Uncertainty
Language: en
Pages: 359
Authors: Hans-Werner Sinn
Categories: Business & Economics
Type: BOOK - Published: 2012-12-06 - Publisher: Springer Science & Business Media

GET EBOOK

The Fundamental Issues Involved Why do we need a theory of uncertainty? It is a fact that almost all man's economic decisions are made under conditions of uncer
Management Decision Making Under Uncertainty
Language: en
Pages: 696
Authors: Thomas R. Dyckman
Categories: Decision-making
Type: BOOK - Published: 1969 - Publisher:

GET EBOOK