The Normative Theory of Individual Choice

The Normative Theory of Individual Choice PDF Author: Robert Nozick
Publisher: Dissertations-G
ISBN:
Category : Philosophy
Languages : en
Pages : 368

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Book Description

The Normative Theory of Individual Choice

The Normative Theory of Individual Choice PDF Author: Robert Nozick
Publisher: Dissertations-G
ISBN:
Category : Philosophy
Languages : en
Pages : 368

Get Book Here

Book Description


Decision Theory and Decision Behaviour

Decision Theory and Decision Behaviour PDF Author: Anatol Rapoport
Publisher: Springer Science & Business Media
ISBN: 9401578400
Category : Business & Economics
Languages : en
Pages : 439

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Book Description
This book presents the content of a year's course in decision processes for third and fourth year students given at the University of Toronto. A principal theme of the book is the relationship between normative and descriptive decision theory. The distinction between the two approaches is not clear to everyone, yet it is of great importance. Normative decision theory addresses itself to the question of how people ought to make decisions in various types of situations, if they wish to be regarded (or to regard themselves) as 'rational'. Descriptive decision theory purports to describe how people actually make decisions in a variety of situations. Normative decision theory is much more formalized than descriptive theory. Especially in its advanced branches, normative theory makes use of mathematicallanguage, mode of discourse, and concepts. For this reason, the definitions of terms encountered in normative decision theory are precise, and its deductions are rigorous. Like the terms and assertions of other branches of mathematics, those of mathematically formalized decision theory need not refer to anything in the 'real', i. e. the observable, world. The terms and assertions can be interpreted in the context of models of real li fe situations, but the verisimilitude of the models is not important. They are meant to capture only the essentials of adecision situation, which in reallife may be obscured by complex details and ambiguities. It is these details and ambiguities, however, that may be crucial in determining the outcomes of the decisions.

Risk and Uncertainty

Risk and Uncertainty PDF Author: K. Borch
Publisher: Springer
ISBN: 134915248X
Category : Business & Economics
Languages : en
Pages : 461

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Book Description


Individual Choice Behavior

Individual Choice Behavior PDF Author: R. Duncan Luce
Publisher: Courier Corporation
ISBN: 0486153398
Category : Mathematics
Languages : en
Pages : 172

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Book Description
This treatise presents a mathematical analysis of choice behavior. Starting with a general axiom, it then examines applications of the theory to substantive problems: psychophysics, utility, and learning. 1959 edition.

Decision Making

Decision Making PDF Author: David E. Bell
Publisher: Cambridge University Press
ISBN: 9780521368513
Category : Business & Economics
Languages : en
Pages : 640

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Book Description
A compilation of different approaches--normative, descriptive,and prescriptive--develops this integrated analysis of decision-making that emphasizes the contributions of various disciplinary interests.

Social Choice and Individual Values

Social Choice and Individual Values PDF Author: Kenneth J. Arrow
Publisher: Yale University Press
ISBN: 0300186983
Category : Political Science
Languages : en
Pages : 347

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Book Description
Originally published in 1951, "Social Choice and Individual Values" introduced "Arrow's Impossibility Theorem" and founded the field of social choice theory in economics and political science. This new edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow's seminal book to a new generation of students and researchers."Far beyond a classic, this small book unleashed the ongoing explosion of interest in social choice and voting theory. A half-century later, the book remains full of profound insight: its central message, 'Arrow's Theorem, ' has changed the way we think."--Donald G. Saari, author of "Decisions and Elections: Explaining the Unexpected "

Theories of Choice

Theories of Choice PDF Author: Stefan Grundmann
Publisher: Oxford University Press
ISBN: 0192608266
Category : Law
Languages : en
Pages : 320

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Book Description
Choice is a key concept of our time. It is a foundational mechanism for every legal order in societies that are, politically, constituted as democracies and, economically, built on the market mechanism. Thus, choice can be understood as an atomic structure that grounds core societal processes. In recent years, however, the debate over the right way to theorize choice - for example, as a rational or a behavioral type of decision making - has intensified. This collection provides an in-depth discussion of the promises and perils of specific types of theories of choice. It shows how the selection of a specific theory of choice can make a difference for concrete legal questions, in particular in the regulation of the digital economy or in choosing between market, firm, or network. In its first part, the volume provides an accessible overview of the current debates about rational versus behavioral approaches to theories of choice. The remainder of the book structures the vast landscape of theories of choice along with three main types: individual, collective, and organizational decision making. As theories of choice proliferate and become ever more sophisticated, however, the process of choosing an adequate theory of choice becomes increasingly intricate. This volume addresses this selection problem for the various legal arenas in which individual, organizational, and collective decisions matter. By drawing on economic, technological, political, and legal points of view, the volume shows which theories of choice are at the disposal of the legally relevant decision-maker, and how they can be operationalized for the solution of concrete legal problems. The editors acknowledge the kind support of the Fritz Thyssen Foundation for an exploratory conference on the subject of the book.

Normative Theories of the Media

Normative Theories of the Media PDF Author: Clifford G Christians
Publisher: University of Illinois Press
ISBN: 0252090837
Category : Language Arts & Disciplines
Languages : en
Pages : 298

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Book Description
In this book, five leading scholars of media and communication take on the difficult but important task of explicating the role of journalism in democratic societies. Using Fred S. Siebert, Theodore Peterson, and Wilbur Schramm's classic Four Theories of the Press as their point of departure, the authors explore the philosophical underpinnings and the political realities that inform a normative approach to questions about the relationship between journalism and democracy, investigating not just what journalism is but what it ought to be. The authors identify four distinct yet overlapping roles for the media: the monitorial role of a vigilant informer collecting and publishing information of potential interest to the public; the facilitative role that not only reports on but also seeks to support and strengthen civil society; the radical role that challenges authority and voices support for reform; and the collaborative role that creates partnerships between journalists and centers of power in society, notably the state, to advance mutually acceptable interests. Demonstrating the value of a reconsideration of media roles, Normative Theories of the Media provides a sturdy foundation for subsequent discussions of the changing media landscape and what it portends for democratic ideals.

Wise Choices, Apt Feelings

Wise Choices, Apt Feelings PDF Author: Allan Gibbard
Publisher: OUP Oxford
ISBN: 0198249845
Category : Decision making
Languages : en
Pages : 362

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Book Description
This treatise explores what is at issue in narrowly moral questions, and in questions of rational thought and conduct in general. It helps to explain why normative thought and talk so pervade human life, and why our highly social species might have evolved to be gripped by these questions. The author asks how, if his theory is right, we can interpret our normative puzzles, and thus proceed toward finding answers to them.

Understanding Contemporary Society

Understanding Contemporary Society PDF Author: Gary Browning
Publisher: SAGE
ISBN: 9780761959267
Category : Social Science
Languages : en
Pages : 520

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Book Description
Understanding Contemporary Society: Theories of the Present is a comprehensive textbook to guide students through the complexities of social theory today. Over 30 chapters, written by an international team of contributors, demonstrate clearly the practical applications of social theory in making sense of the modern world. Students are both introduced to the most significant theories and guided through the major social developments which shape our lives. Key features of the book are: clearly structured and readable prose; bullet pointed summaries and annotated further reading for each topic; makes complex issues accessible to undergraduates; focuses on relevance and practicality; chapter lay-out which is ideal for t