Cover of: Decision, Probability and Utility | Read Online

Decision, Probability and Utility Selected Readings by

  • 296 Want to read
  • ·
  • 86 Currently reading

Published by Cambridge University Press .
Written in English


  • Philosophy of mathematics,
  • Social & political philosophy,
  • Philosophy,
  • Business / Economics / Finance,
  • Probability & Statistics - General,
  • Decision Making & Problem Solving,
  • General,
  • Bayesian statistical decision theory Bayesian,
  • Business & Economics / Decision-Making & Problem Solving,
  • Mathematics-Probability & Statistics - General,
  • Philosophy / General,
  • Philosophy-General,
  • Bayesian statistical decision theory,
  • Bayesian statistical decision

Book details:

Edition Notes

ContributionsPeter Gärdenfors (Editor), Nils-Eric Sahlin (Editor)
The Physical Object
Number of Pages464
ID Numbers
Open LibraryOL7737255M
ISBN 100521336589
ISBN 109780521336581

Download Decision, Probability and Utility


Introduction: Bayesian decision theory --foundations and problems / Peter Gardenfors, Nils-Eric Sahlin --Foundations of Bayesian decision theory --Truth and probability / Frank P. Ramsey --Individual decision making under uncertainty / R. Duncan Luce, Howard Raiffa --The sure-thing principle / Leonard J. Savage --Probable knowledge / Richard C. Find helpful customer reviews and review ratings for Decision, Probability and Utility: Selected Readings at Read honest and unbiased product reviews from our users.4/5(1). The phrase "decision theory" itself was used in by E. L. Lehmann. The revival of subjective probability theory, from the work of Frank Ramsey, Bruno de Finetti, Leonard Savage and others, extended the scope of expected utility. 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.

Nov 11,  · Exercises; The future is uncertain, but we have to make decisions every day that have an effect on our prospects, financial and otherwise. Faced with uncertainty, we do not merely throw up our hands and guess randomly about what to do; instead, we assess the potential risks and benefits of a variety of options, and choose to act in a way that maximizes the probability of a beneficial outcome. Oct 01,  · Decision, Probability and Utility by Peter Gardenfors, , available at Book Depository with free delivery worldwide/5(5). Bayesian probability is an interpretation of the concept of probability, in which, instead of frequency or propensity of some phenomenon, probability is interpreted as reasonable expectation representing a state of knowledge or as quantification of a personal belief.. The Bayesian interpretation of probability can be seen as an extension of propositional logic that enables reasoning with. It is suitable for both self-study and as the basis for an upper-division undergraduate course in judgment and decision making. The book is written to be accessible to anybody with minimum knowledge of mathematics (high-school level algebra and some elementary notions of set theory and probability, which are reviewed in the book.

Decision, Probability and Utility: Selected Readings by Peter Gardenfors. Cambridge University Press. Used - Good. Ships from UK in 48 hours or less usually same day. Your purchase helps support the African Children's Educational Trust A-CET. Ex-library, so some stamps and wear, but in good overall condition. % money back guarantee. We are a world class secondhand bookstore based in. addition to the analytical techniques used in decision analysis, this book presents material that the authors hope will assist the reader in integrating Probability Rule What Is a Utility Function? Using a Utility Function Value of Information with an Encoded Utility Function This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on utility and probability. Human decision making involves problems which are being studied with increasing interest and sophistication. They range from controversial political decisions via individual consumer decisions to such simple tasks as signal discriminations. Book Title Utility, Probability, and Human Decision Making Book Subtitle Selected Proceedings of an.