[PDF.14aa] Theory of Decision under Uncertainty (Econometric Society Monographs)

Theory of Decision under Uncertainty (Econometric Society Monographs)

[PDF.mb30] Theory of Decision under Uncertainty (Econometric Society Monographs)

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 | #4427320 in Books |  2009-03-16 | Original language:English | PDF # 1 |  8.98 x.67 x5.98l,.95 | File type: PDF | 230 pages

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||7 of 7 people found the following review helpful.| interesting|By XY|Given the book's title, I was surprised at the extent to which the book deals with "decision making under risk" rather than "decision making under uncertainty." I agree that the standard terminology is very poor (like much of the terminology in the information sciences), but since this book is directed at readers already exposed to some decision theory, I thin| |"This is a fantastic book. It presents an intelligent, rigorous, and thought-provoking treatment of the theory of choice under uncertainty. The combination of philosophical and mathematical approaches is a treat. Graduate students and professional economists a

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 -...

You can specify the type of files you want, for your gadget.Theory of Decision under Uncertainty (Econometric Society Monographs)   |  Itzhak Gilboa. A good, fresh read, highly recommended.

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