Theory of Decision under Uncertainty Paperback / softback
by Itzhak (Tel-Aviv University) Gilboa
Part of the Econometric Society Monographs series
Paperback / softback
Description
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.
Information
-
Out of stock
- Format:Paperback / softback
- Pages:230 pages
- Publisher:Cambridge University Press
- Publication Date:16/03/2009
- Category:
- ISBN:9780521741231
Information
-
Out of stock
- Format:Paperback / softback
- Pages:230 pages
- Publisher:Cambridge University Press
- Publication Date:16/03/2009
- Category:
- ISBN:9780521741231
