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Decision, Probability and Utility : Selected Readings - Peter Gardenfors

Decision, Probability and Utility

Selected Readings

By: Peter Gardenfors (Editor), Nils-Eric Sahlin (Editor)

Paperback

Published: 25th July 1988
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Decision theory and the theory of rational choice have recently been the subjects of considerable research by philosophers and economists. However, no adequate anthology exists which can be used to introduce students to the field. This volume is designed to meet that need. The essays included are organized into five parts covering the foundations of decision theory, the conceptualization of probability and utility, pholosophical difficulties with the rules of rationality and with the assessment of probability, and causal decision theory. The editors provide an extensive introduction to the field and introductions to each part.

List of contributorsp. vii
Prefacep. ix
Introduction: Bayesian decision theory - foundations and problemsp. 1
Foundations of Bayesian decision theory
Truth and probabilityp. 19
Individual decision making under uncertaintyp. 48
The sure-thing principlep. 80
Probable knowledgep. 86
Conceptualization of probability and utility
Introductionp. 97
Bets and beliefsp. 101
Slightly more realistic personal probabilityp. 118
Risk aversion as a problem of conjoint measurementp. 136
Questionable rules of rationality
Introductionp. 159
Allais' paradoxp. 163
Sure-thing doubtsp. 166
Prospect theory: An analysis of decision under riskp. 183
Generalized expected utility analysis and the nature of observed violations of the independence axiomp. 215
Unreliable probabilities
Introductionp. 241
Risk, ambiguity, and the Savage axiomsp. 245
Self-knowledge, uncertainty, and choicep. 270
On indeterminate probabilitiesp. 287
Unreliable probabilities, risk taking, and decision makingp. 313
Causal decision theory
Introductionp. 335
Counterfactuals and two kinds of expected utilityp. 341
Causal decision theoryp. 377
Ratifiability and stabilityp. 406
Referencesp. 426
Name indexp. 443
Subject indexp. 447
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780521336581
ISBN-10: 0521336589
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 460
Published: 25th July 1988
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 2.9
Weight (kg): 0.68