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Non-Bayesian Decision Theory
Martin Peterson
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Description for Non-Bayesian Decision Theory
Paperback. This book aims to present an account of rational choice from a non-Bayesian point of view. It provides the first non-Bayesian account of normative decision theory and includes a formal account of the framing of decision problems. Series: Theory and Decision Library A:. Num Pages: 170 pages, biography. BIC Classification: PDA. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 9. Weight in Grams: 284.
For quite some time, philosophers, economists, and statisticians have endorsed a view on rational choice known as Bayesianism. The work on this book has grown out of a feeling that the Bayesian view has come to dominate the academic com- nitytosuchanextentthatalternative,non-Bayesianpositionsareseldomextensively researched. Needless to say, I think this is a pity. Non-Bayesian positions deserve to be examined with much greater care, and the present work is an attempt to defend what I believe to be a coherent and reasonably detailed non-Bayesian account of decision theory. The main thesis I defend can be summarised as follows. Rational agents m- imise subjective ... Read more
For quite some time, philosophers, economists, and statisticians have endorsed a view on rational choice known as Bayesianism. The work on this book has grown out of a feeling that the Bayesian view has come to dominate the academic com- nitytosuchanextentthatalternative,non-Bayesianpositionsareseldomextensively researched. Needless to say, I think this is a pity. Non-Bayesian positions deserve to be examined with much greater care, and the present work is an attempt to defend what I believe to be a coherent and reasonably detailed non-Bayesian account of decision theory. The main thesis I defend can be summarised as follows. Rational agents m- imise subjective ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
Springer Netherlands
Number of pages
170
Condition
New
Series
Theory and Decision Library A:
Number of Pages
170
Place of Publication
Dordrecht, Netherlands
ISBN
9789048179572
SKU
V9789048179572
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
Reviews for Non-Bayesian Decision Theory
From the reviews: "This book presents an account of rational choice from a non-Bayesian point of view. … this book argues that the non-Bayesian approach offers more action guidance to the decision maker. … the book is well addressed to all researchers in the field of decision theory, and especially those with philosophical concerns." (Vangelis Grigoroudis, Zentralblatt ... Read more