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Author: Mark J. Machina
Publisher: Springer Science & Business Media
ISBN: 1475745923
Category : Business & Economics
Languages : en
Pages : 373
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Book Description
Beliefs, Interactions and Preferences in Decision Making mixes a selection of papers, presented at the Eighth Foundations and Applications of Utility and Risk Theory (`FUR VIII') conference in Mons, Belgium, together with a few solicited papers from well-known authors in the field. This book addresses some of the questions that have recently emerged in the research on decision-making and risk theory. In particular, authors have modeled more and more as interactions between the individual and the environment or between different individuals the emergence of beliefs as well as the specific type of information treatment traditionally called `rationality'. This book analyzes several cases of such an interaction and derives consequences for the future of decision theory and risk theory. In the last ten years, modeling beliefs has become a specific sub-field of decision making, particularly with respect to low probability events. Rational decision making has also been generalized in order to encompass, in new ways and in more general situations than it used to be fitted to, multiple dimensions in consequences. This book deals with some of the most conspicuous of these advances. It also addresses the difficult question to incorporate several of these recent advances simultaneously into one single decision model. And it offers perspectives about the future trends of modeling such complex decision questions. The volume is organized in three main blocks: The first block is the more `traditional' one. It deals with new extensions of the existing theory, as is always demanded by scientists in the field. A second block handles specific elements in the development of interactions between individuals and their environment, as defined in the most general sense. The last block confronts real-world problems in both financial and non-financial markets and decisions, and tries to show what kind of contributions can be brought to them by the type of research reported on here.
Author: Mark J. Machina
Publisher: Springer Science & Business Media
ISBN: 1475745923
Category : Business & Economics
Languages : en
Pages : 373
Get Book Here
Book Description
Beliefs, Interactions and Preferences in Decision Making mixes a selection of papers, presented at the Eighth Foundations and Applications of Utility and Risk Theory (`FUR VIII') conference in Mons, Belgium, together with a few solicited papers from well-known authors in the field. This book addresses some of the questions that have recently emerged in the research on decision-making and risk theory. In particular, authors have modeled more and more as interactions between the individual and the environment or between different individuals the emergence of beliefs as well as the specific type of information treatment traditionally called `rationality'. This book analyzes several cases of such an interaction and derives consequences for the future of decision theory and risk theory. In the last ten years, modeling beliefs has become a specific sub-field of decision making, particularly with respect to low probability events. Rational decision making has also been generalized in order to encompass, in new ways and in more general situations than it used to be fitted to, multiple dimensions in consequences. This book deals with some of the most conspicuous of these advances. It also addresses the difficult question to incorporate several of these recent advances simultaneously into one single decision model. And it offers perspectives about the future trends of modeling such complex decision questions. The volume is organized in three main blocks: The first block is the more `traditional' one. It deals with new extensions of the existing theory, as is always demanded by scientists in the field. A second block handles specific elements in the development of interactions between individuals and their environment, as defined in the most general sense. The last block confronts real-world problems in both financial and non-financial markets and decisions, and tries to show what kind of contributions can be brought to them by the type of research reported on here.
Author: Aaron Wildavsky
Publisher: Routledge
ISBN: 1351292064
Category : Political Science
Languages : en
Pages : 541
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Book Description
Aaron Wildavsky, along with Mary Douglas, identified what they called grid-group theory. Wildavsky began calling this "cultural theory," and applied it to an astounding array of subjects. The essays in this volume exemplify the theory's potential contributions to three seemingly disparate, but related, areas: the social construction of meaning, normative/analytic political philosophy, and a theory of rational choices. This book is the first in a series of Aaron Wildavsky's collected writings being published posthumously by Transaction. Wildavsky selected, sequenced, and grouped all but three of the essays included in Culture and Social Theory prior to his death. Some are presented here for the first time. Wildavsky's cultural theory provides ways to organize and interpret the world. In the first section, he shows how social scientists, particularly economists and sociologists, apply the theory. Wildavsky argues that concepts such as externalities, public goods, altruism, and even risk and rape are tools of rival, ubiquitous cultures engaged in perpetual struggle with one another. The second section deals with cultural theory as a way to interpret the works of normative and analytic political philosophers, including Thomas Hobbes and John Stuart Mill, on competing human objectives. Wildavsky argues that particular types of interaction among a society's cultures are necessary for effective realization of basic concepts such as democracy. In the third section, Wildavsky applies cultural theory in conjunction with instrumental rationality, the former as a theory of preference formation, the latter as a device for realizing preferences efficiently. High-priority objectives, and thus the character of norms and rational action, shift across cultures. The world and its various elements comprise a complex, frequently changing, and thus ambiguous reality, nowhere more so than in the dynamic contours of the United States. For cultural theory, individualistic, hierarchical, and egalitarian interpretations of the world are the only ones capable of forming and sustaining institutions and related patterns of social relations that will support human social groups. Wildavsky's central objective is to strip away the camouflage and to reveal varying domains of social life as fields of cultural competition. Culture and Social Theory will be a necessary addition to the libraries of political scientists, economists, and policymakers, not to mention all those who admire Aaron Wildavsky and his work.
Author: William M. Bukowski
Publisher: Guilford Publications
ISBN: 1462541216
Category : Psychology
Languages : en
Pages : 769
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Book Description
The definitive handbook on peer relations has now been significantly revised with 55% new material. Bringing together leading authorities, this volume presents cutting-edge research on the dynamics of peer interactions, their impact on multiple aspects of social development, and the causes and consequences of peer difficulties. From friendships and romance to social withdrawal, aggression, and victimization, all aspects of children's and adolescents' relationships are explored. The book examines how individual characteristics interact with family, group, and contextual factors across development to shape social behavior. The importance of peer relationships to emotional competence, psychological well-being, and achievement is analyzed, and peer-based interventions for those who are struggling are reviewed. Each chapter includes an introductory overview and addresses theoretical considerations, measures and methods, research findings and their implications, and future directions. New to This Edition *Chapters on neuroscience, social media, social inequality, prosocial behavior with peers, and sociological approaches. *Expanded coverage of applied issues: chapters on interventions for socially withdrawn children, activity programs that promote positive youth development, and policy initiatives. *Chapters on same- and other-sex peer relationships, peer influence, educational environments, evolutionary models, the self-concept, personality, and animal studies. *Increased attention to variations in peer relations due to culture, gender, and race. *Many new authors and topics reflect a decade's worth of theoretical and methodological advances, including the growing use of complex longitudinal methods.
Author:
Publisher: IOS Press
ISBN:
Category :
Languages : en
Pages : 7289
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Book Description
Author: Amos Tversky
Publisher: MIT Press
ISBN: 9780262700931
Category : Psychology
Languages : en
Pages : 1046
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Book Description
Amos Tversky (1937–1996), a towering figure in cognitive and mathematical psychology, devoted his professional life to the study of similarity, judgment, and decision making. He had a unique ability to master the technicalities of normative ideals and then to intuit and demonstrate experimentally their systematic violation due to the vagaries and consequences of human information processing. He created new areas of study and helped transform disciplines as varied as economics, law, medicine, political science, philosophy, and statistics. This book collects forty of Tversky's articles, selected by him in collaboration with the editor during the last months of Tversky's life. It is divided into three sections: Similarity, Judgment, and Preferences. The Preferences section is subdivided into Probabilistic Models of Choice, Choice under Risk and Uncertainty, and Contingent Preferences. Included are several articles written with his frequent collaborator, Nobel Prize-winning economist Daniel Kahneman.
Author: Dennis J Coyle
Publisher: Routledge
ISBN: 1000307565
Category : Political Science
Languages : en
Pages : 242
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Book Description
This new set of original case studies is designed to offer an empirical counterpart to Cultural Theory (Westview, 1990 ), the landmark statement of political culture theory authored by Michael Thompson, Richard Ellis, and Aaron Wildavsky, and to extend and challenge the analysis developed there. Here, the theoretical concepts laid out in that book
Author: Erica Yu
Publisher: Frontiers E-books
ISBN: 2889192709
Category : Decision making
Languages : en
Pages : 260
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Book Description
At the core of the many debates throughout cognitive science concerning how decisions are made are the processes governing the time course of preference formation and decision. From perceptual choices, such as whether the signal on a radar screen indicates an enemy missile or a spot on a CT scan indicates a tumor, to cognitive value-based decisions, such as selecting an agreeable flatmate or deciding the guilt of a defendant, significant and everyday decisions are dynamic over time. Phenomena such as decoy effects, preference reversals and order effects are still puzzling researchers. For example, in a legal context, jurors receive discrete pieces of evidence in sequence, and must integrate these pieces together to reach a singular verdict. From a standard Bayesian viewpoint the order in which people receive the evidence should not influence their final decision, and yet order effects seem a robust empirical phenomena in many decision contexts. Current research on how decisions unfold, especially in a dynamic environment, is advancing our theoretical understanding of decision making. This Research Topic aims to review and further explore the time course of a decision - from how prior beliefs are formed to how those beliefs are used and updated over time, towards the formation of preferences and choices and post-decision processes and effects. Research literatures encompassing varied approaches to the time-scale of decisions will be brought into scope: a) Speeded decisions (and post-decision processes) that require the accumulation of noisy and possibly non-stationary perceptual evidence (e.g., randomly moving dots stimuli), within a few seconds, with or without temporal uncertainty. b) Temporally-extended, value-based decisions that integrate feedback values (e.g., gambling machines) and internally-generated decision criteria (e.g., when one switches attention, selectively, between the various aspects of several choice alternatives). c) Temporally extended, belief-based decisions that build on the integration of evidence, which interacts with the decision maker's belief system, towards the updating of the beliefs and the formation of judgments and preferences (as in the legal context). Research that emphasizes theoretical concerns (including optimality analysis) and mechanisms underlying the decision process, both neural and cognitive, is presented, as well as research that combines experimental and computational levels of analysis.
Author: Cristina Bicchieri
Publisher: Cambridge University Press
ISBN: 0521416744
Category : Education
Languages : en
Pages : 444
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Book Description
A group of pre-eminent figures offer a conspectus of the interaction of game theory, logic and episemology in the formal models of knowledge, belief, deliberation and learning.
Author: C. Mantzavinos
Publisher: Cambridge University Press
ISBN: 0521517745
Category : Philosophy
Languages : en
Pages : 345
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Book Description
A unique discussion between philosophers and social scientists which extends the frontiers of the philosophy of the social sciences.
Author: Till Grüne-Yanoff
Publisher: Springer Science & Business Media
ISBN: 9048125936
Category : Philosophy
Languages : en
Pages : 273
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Book Description
Changing preferencesis a phenomenonoften invoked but rarely properlyaccounted for. Throughout the history of the social sciences, researchers have come against the possibility that their subjects’ preferenceswere affected by the phenomenato be explainedor by otherfactorsnot taken into accountin the explanation.Sporadically, attempts have been made to systematically investigate these in uences, but none of these seems to have had a lasting impact. Today we are still not much further with respect to preference change than we were at the middle of the last century. This anthology hopes to provide a new impulse for research into this important subject. In particular, we have chosen two routes to amplify this impulse. First, we stress the use of modellingtechniquesfamiliar from economicsand decision theory. Instead of constructing complex, all-encompassing theories of preference change, the authors of this volume start with very simple, formal accounts of some possible and hopefully plausible mechanism of preference change. Eventually, these models may nd their way into larger, empirically adequate theories, but at this stage, we think that the most importantwork lies in building structure.Secondly,we stress the importance of interdisciplinary exchange. Only by drawing together experts from different elds can the complex empirical and theoretical issues in the modelling of preference change be adequately investigated.
