Author: Mark Kaplan
Publisher: Cambridge University Press
ISBN: 9780521624961
Category : Philosophy
Languages : en
Pages : 250
Book Description
Kaplan presents an accessible new variant on Bayesian decision theory.
Decision Theory as Philosophy
Author: Mark Kaplan
Publisher: Cambridge University Press
ISBN: 9780521624961
Category : Philosophy
Languages : en
Pages : 250
Book Description
Kaplan presents an accessible new variant on Bayesian decision theory.
Publisher: Cambridge University Press
ISBN: 9780521624961
Category : Philosophy
Languages : en
Pages : 250
Book Description
Kaplan presents an accessible new variant on Bayesian decision theory.
An Introduction to Decision Theory
Author: Martin Peterson
Publisher: Cambridge University Press
ISBN: 1107151597
Category : Business & Economics
Languages : en
Pages : 351
Book Description
A comprehensive and accessible introduction to all aspects of decision theory, now with new and updated discussions and over 140 exercises.
Publisher: Cambridge University Press
ISBN: 1107151597
Category : Business & Economics
Languages : en
Pages : 351
Book Description
A comprehensive and accessible introduction to all aspects of decision theory, now with new and updated discussions and over 140 exercises.
Decision Theory with a Human Face
Author: Richard Bradley
Publisher: Cambridge University Press
ISBN: 1107003210
Category : Business & Economics
Languages : en
Pages : 351
Book Description
Explores how decision-makers can manage uncertainty that varies in both kind and severity by extending and supplementing Bayesian decision theory.
Publisher: Cambridge University Press
ISBN: 1107003210
Category : Business & Economics
Languages : en
Pages : 351
Book Description
Explores how decision-makers can manage uncertainty that varies in both kind and severity by extending and supplementing Bayesian decision theory.
Evidential Decision Theory
Author: Arif Ahmed
Publisher: Cambridge University Press
ISBN: 1108607861
Category : Science
Languages : en
Pages : 112
Book Description
Evidential Decision Theory is a radical theory of rational decision-making. It recommends that instead of thinking about what your decisions *cause*, you should think about what they *reveal*. This Element explains in simple terms why thinking in this way makes a big difference, and argues that doing so makes for *better* decisions. An appendix gives an intuitive explanation of the measure-theoretic foundations of Evidential Decision Theory.
Publisher: Cambridge University Press
ISBN: 1108607861
Category : Science
Languages : en
Pages : 112
Book Description
Evidential Decision Theory is a radical theory of rational decision-making. It recommends that instead of thinking about what your decisions *cause*, you should think about what they *reveal*. This Element explains in simple terms why thinking in this way makes a big difference, and argues that doing so makes for *better* decisions. An appendix gives an intuitive explanation of the measure-theoretic foundations of Evidential Decision Theory.
The Foundations of Causal Decision Theory
Author: James M. Joyce
Publisher: Cambridge University Press
ISBN: 9780521641647
Category : Computers
Languages : en
Pages : 300
Book Description
The book also contains a major new discussion of what it means to suppose that some event occurs or that some proposition is true.
Publisher: Cambridge University Press
ISBN: 9780521641647
Category : Computers
Languages : en
Pages : 300
Book Description
The book also contains a major new discussion of what it means to suppose that some event occurs or that some proposition is true.
Decision Theory and Rationality
Author: José Luis Bermúdez
Publisher: OUP Oxford
ISBN: 0191567728
Category : Philosophy
Languages : en
Pages : 199
Book Description
The concept of rationality is a common thread through the human and social sciences — from political science to philosophy, from economics to sociology, and from management science to decision analysis. But what counts as rational action and rational behavior? José Luis Bermúdez explores decision theory as a theory of rationality. Decision theory is the mathematical theory of choice and for many social scientists it makes the concept of rationality mathematically tractable and scientifically legitimate. Yet rationality is a concept with several dimensions and the theory of rationality has different roles to play. It plays an action-guiding role (prescribing what counts as a rational solution of a given decision problem). It plays a normative role (giving us the tools to pass judgment not just on how a decision problem was solved, but also on how it was set up in the first place). And it plays a predictive/explanatory role (telling us how rational agents will behave, or why they did what they did). This controversial but accessible book shows that decision theory cannot play all of these roles simultaneously. And yet, it argues, no theory of rationality can play one role without playing the other two. The conclusion is that there is no hope of taking decision theory as a theory of rationality.
Publisher: OUP Oxford
ISBN: 0191567728
Category : Philosophy
Languages : en
Pages : 199
Book Description
The concept of rationality is a common thread through the human and social sciences — from political science to philosophy, from economics to sociology, and from management science to decision analysis. But what counts as rational action and rational behavior? José Luis Bermúdez explores decision theory as a theory of rationality. Decision theory is the mathematical theory of choice and for many social scientists it makes the concept of rationality mathematically tractable and scientifically legitimate. Yet rationality is a concept with several dimensions and the theory of rationality has different roles to play. It plays an action-guiding role (prescribing what counts as a rational solution of a given decision problem). It plays a normative role (giving us the tools to pass judgment not just on how a decision problem was solved, but also on how it was set up in the first place). And it plays a predictive/explanatory role (telling us how rational agents will behave, or why they did what they did). This controversial but accessible book shows that decision theory cannot play all of these roles simultaneously. And yet, it argues, no theory of rationality can play one role without playing the other two. The conclusion is that there is no hope of taking decision theory as a theory of rationality.
The Oxford Handbook of Probability and Philosophy
Author: Alan Hájek
Publisher: Oxford Handbooks
ISBN: 9780199607617
Category : Philosophy
Languages : en
Pages : 0
Book Description
Probability theory is a key tool of the physical, mathematical, and social sciences. It has also been playing an increasingly significant role in philosophy: in epistemology, philosophy of science, ethics, social philosophy, philosophy of religion, and elsewhere. A case can be made thatprobability is as vital a part of the philosopher's toolkit as logic. Moreover, there is a fruitful two-way street between probability theory and philosophy: the theory informs much of the work of philosophers, and philosophical inquiry, in turn, has shed considerable light on the theory. ThisHandbook encapsulates and furthers the influence of philosophy on probability, and of probability on philosophy. Nearly forty articles summarise the state of play and present new insights in various areas of research at the intersection of these two fields. The articles will be of special interestto practitioners of probability who seek a greater understanding of its mathematical and conceptual foundations, and to philosophers who want to get up to speed on the cutting edge of research in this area. There is plenty here to entice philosophical readers who don't work especially on probabilitybut who want to learn more about it and its applications. Indeed, this volume should appeal to the intellectually curious generally; after all, there is much here to be curious about. We do not expect all of this volume's audience to have a thorough training in probability theory. And whileprobability is relevant to the work of many philosophers, they often do not have much of a background in its formalism. With this in mind, we begin with 'Probability for Everyone--Even Philosophers', a primer on those parts of probability theory that we believe are most important for philosophers toknow. The rest of the volume is divided into seven main sections: History; Formalism; Alternatives to Standard Probability Theory; Interpretations and Interpretive Issues; Probabilistic Judgment and Its Applications; Applications of Probability: Science; and Applications of Probability:Philosophy.
Publisher: Oxford Handbooks
ISBN: 9780199607617
Category : Philosophy
Languages : en
Pages : 0
Book Description
Probability theory is a key tool of the physical, mathematical, and social sciences. It has also been playing an increasingly significant role in philosophy: in epistemology, philosophy of science, ethics, social philosophy, philosophy of religion, and elsewhere. A case can be made thatprobability is as vital a part of the philosopher's toolkit as logic. Moreover, there is a fruitful two-way street between probability theory and philosophy: the theory informs much of the work of philosophers, and philosophical inquiry, in turn, has shed considerable light on the theory. ThisHandbook encapsulates and furthers the influence of philosophy on probability, and of probability on philosophy. Nearly forty articles summarise the state of play and present new insights in various areas of research at the intersection of these two fields. The articles will be of special interestto practitioners of probability who seek a greater understanding of its mathematical and conceptual foundations, and to philosophers who want to get up to speed on the cutting edge of research in this area. There is plenty here to entice philosophical readers who don't work especially on probabilitybut who want to learn more about it and its applications. Indeed, this volume should appeal to the intellectually curious generally; after all, there is much here to be curious about. We do not expect all of this volume's audience to have a thorough training in probability theory. And whileprobability is relevant to the work of many philosophers, they often do not have much of a background in its formalism. With this in mind, we begin with 'Probability for Everyone--Even Philosophers', a primer on those parts of probability theory that we believe are most important for philosophers toknow. The rest of the volume is divided into seven main sections: History; Formalism; Alternatives to Standard Probability Theory; Interpretations and Interpretive Issues; Probabilistic Judgment and Its Applications; Applications of Probability: Science; and Applications of Probability:Philosophy.
Non-Bayesian Decision Theory
Author: Martin Peterson
Publisher: Springer Science & Business Media
ISBN: 1402086997
Category : Science
Languages : en
Pages : 176
Book Description
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 expected utility, but contrary to what is claimed by Bayesians, ut- ity and subjective probability should not be de?ned in terms of preferences over uncertain prospects. On the contrary, rational decision makers need only consider preferences over certain outcomes. It will be shown that utility and probability fu- tions derived in a non-Bayesian manner can be used for generating preferences over uncertain prospects, that support the principle of maximising subjective expected utility. To some extent, this non-Bayesian view gives an account of what modern - cision theory could have been like, had decision theorists not entered the Bayesian path discovered by Ramsey, de Finetti, Savage, and others. I will not discuss all previous non-Bayesian positions presented in the literature.
Publisher: Springer Science & Business Media
ISBN: 1402086997
Category : Science
Languages : en
Pages : 176
Book Description
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 expected utility, but contrary to what is claimed by Bayesians, ut- ity and subjective probability should not be de?ned in terms of preferences over uncertain prospects. On the contrary, rational decision makers need only consider preferences over certain outcomes. It will be shown that utility and probability fu- tions derived in a non-Bayesian manner can be used for generating preferences over uncertain prospects, that support the principle of maximising subjective expected utility. To some extent, this non-Bayesian view gives an account of what modern - cision theory could have been like, had decision theorists not entered the Bayesian path discovered by Ramsey, de Finetti, Savage, and others. I will not discuss all previous non-Bayesian positions presented in the literature.
Risk, Ambiguity and Decision
Author: Daniel Ellsberg
Publisher: Routledge
ISBN: 1136711988
Category : Philosophy
Languages : en
Pages : 336
Book Description
Ellsberg elaborates on "Risk, Ambiguity, and the Savage Axioms" and mounts a powerful challenge to the dominant theory of rational decision in this book.
Publisher: Routledge
ISBN: 1136711988
Category : Philosophy
Languages : en
Pages : 336
Book Description
Ellsberg elaborates on "Risk, Ambiguity, and the Savage Axioms" and mounts a powerful challenge to the dominant theory of rational decision in this book.
Thinking about Acting
Author: John L. Pollock
Publisher: Oxford University Press
ISBN: 0199838860
Category : Philosophy
Languages : en
Pages : 280
Book Description
John Pollock aims to construct a theory of rational decision making for real agents--not ideal agents. Real agents have limited cognitive powers, but traditional theories of rationality have applied only to idealized agents that lack such constraints. Pollock argues that theories of ideal rationality are largely irrelevant to the decision making of real agents. Thinking about Acting aims to provide a theory of "real rationality."
Publisher: Oxford University Press
ISBN: 0199838860
Category : Philosophy
Languages : en
Pages : 280
Book Description
John Pollock aims to construct a theory of rational decision making for real agents--not ideal agents. Real agents have limited cognitive powers, but traditional theories of rationality have applied only to idealized agents that lack such constraints. Pollock argues that theories of ideal rationality are largely irrelevant to the decision making of real agents. Thinking about Acting aims to provide a theory of "real rationality."