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ISBN: 0521003113 0521802342 0511012950 0511493533 0511153309 0511047819 1280162244 0511325134 0511119445 110712302X 9780511012952 9780511153303 9780511119446 9780511493539 9781280162244 0511012969 9780511012969 9780511047817 9780521802345 9780521003117 9780511325137 Year: 2001 Publisher: Cambridge Cambridge University Press
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Gilboa and Schmeidler provide a paradigm for modelling decision making under uncertainty. Unlike the classical theory of expected utility maximization, case-based decision theory does not assume that decision makers know the possible 'states of the world' or the outcomes, let alone the decision matrix attaching outcomes to act-state pairs. Case-based decision theory suggests that people make decisions by analogies to past cases: they tend to choose acts that performed well in the past in similar situations, and to avoid acts that performed poorly. It is an alternative to expected utility theory when both states of the world and probabilities are neither given in the problem nor can be easily constructed. The authors describe the general theory and its relationship to planning, repeated choice problems, inductive inference, and learning; they highlight its mathematical and philosophical foundations and compare it with expected utility theory as well as with rule-based systems.
Quantitative methods (economics) --- Decision Making --- Mathematical models --- 519.226 --- 65.012.4 --- Inference and decision theory. Likelihood. Bayesian theory. Fiducial probability --- Management. Directorate. Technique and methods of management --- Decision making. --- Decision making - Mathematical models. --- Decision making --- Management Theory --- Management --- Business & Economics --- Business, Economy and Management --- Economics --- 65.012.4 Management. Directorate. Technique and methods of management --- 519.226 Inference and decision theory. Likelihood. Bayesian theory. Fiducial probability --- Mathematical models. --- Decision Making - Mathematical models
ISBN: 0203683579 1134344163 128037733X 9786610377336 0203358066 0415324947 0415654653 9780203358061 6610377332 9780415324946 9781134344161 9781134344116 1134344112 9781134344154 1134344155 9780415654654 9780203683576 Year: 2004 Publisher: London Routledge
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This volume brings together important papers, coupled with new introductions, in the massively influential area of uncertainty in economic theory. Seminal papers are available together for the first time in book format, with new introductions and under the steely editorship of Itzhak Gilboa - this book is a useful reference tool for economists all over the globe.
Uncertainty --- Decision making --- Risk management --- Choice (Psychology) --- Mathematical models. --- Psychology
Book
ISBN: 981436617X 9789814366175 Year: 2012 Publisher: Singapore: London: World scientific,
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ISBN: 0521262046 9780521262040 Year: 1985 Publisher: Cambridge: Cambridge university press,
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Sociology of policy --- Sociology of organization --- Welfare economics --- Distributive justice --- Addresses, essays, lectures --- Pazner, Elisha, 1941-1979 --- 330.1 --- 330.564 --- Economic policy --- Economics --- Social policy --- Distribution (Economic theory) --- Justice --- Social justice --- Wealth --- Economische grondbegrippen. Algemene begrippen in de economie --- Verdeling van nationaal inkomen. Inkomensverdeling --- Moral and ethical aspects --- Pazner, Elisha --- Festschrift - Libri Amicorum --- 330.564 Verdeling van nationaal inkomen. Inkomensverdeling --- 330.1 Economische grondbegrippen. Algemene begrippen in de economie --- Pazner, Elisha, --- Patsner, Elisha, --- Welfare economics - Addresses, essays, lectures --- Distributive justice - Addresses, essays, lectures
Book
ISBN: 9782724636437 2724636430 Year: 2020 Publisher: Paris: Presses de sciences po,
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Book
ISBN: 0191801410 Year: 2015 Publisher: Oxford : Oxford University Press,
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This title describes formal models of reasoning that are aimed at capturing the way that economic agents and decision makers in general think about their environment and make predictions based on their past experience. The focus is on analogies (case-based reasoning) and general theories (rule-based reasoning), and on the interaction between them, as well as between them and Bayesian reasoning. A unified approach allows us to study the dynamics of inductive reasoning in terms of the mode of reasoning that is used to generate predictions.
Economics --- Reasoning --- Psychological aspects. --- Mathematical models.
Book
ISBN: 9781400829118 Year: 2011 Publisher: Princeton, NJ
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Digital
ISBN: 9781400829118 9780691116822 Year: 2011 Publisher: Princeton, N.J. Princeton University Press
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