Rational Choice Using Imprecise Probabilities and Utilities (Elements in Decision Theory and Philosophy) - Softcover
Book 2 of 7: Elements in Decision Theory and Philosophy
Synopsis
To make decision theory realistic, I show how to choose rationally when possible outcomes have imprecise probabilities and utilities.
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Rational Choice Using Imprecise Probabilities and Utilities
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Rational Choice Using Imprecise Probabilities and Utilities (Elements in Decision Theory and Philosophy)
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Cambridge University Press, 2021
ISBN 10: 1108713505
ISBN 13: 9781108713504
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Rational Choice Using Imprecise Probabilities and Utilities
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ISBN 10: 1108713505
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Rational Choice Using Imprecise Probabilities and Utilities (Paperback)
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Paperback. Condition: new. Paperback. An agent often does not have precise probabilities or utilities to guide resolution of a decision problem. I advance a principle of rationality for making decisions in such cases. To begin, I represent the doxastic and conative state of an agent with a set of pairs of a probability assignment and a utility assignment. Then I support a decision principle that allows any act that maximizes expected utility according to some pair of assignments in the set. Assuming that computation of an option's expected utility uses comprehensive possible outcomes that include the option's risk, no consideration supports a stricter requirement. An agent often does not have precise probabilities or utilities to guide resolution of a decision problem. In this Element I advance a principle of rationality for making decisions in such cases. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781108713504
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Rational Choice Using Imprecise Probabilities and Utilities
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Rational Choice Using Imprecise Probabilities and Utilities (Elements in Decision Theory and Philosophy)
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Rational Choice Using Imprecise Probabilities and Utilities (Elements in Decision Theory and Philosophy)
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Rational Choice Using Imprecise Probabilities and Utilities (Elements in Decision Theory and Philosophy)
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Rational Choice Using Imprecise Probabilities and Utilities (Elements in Decision Theory and Philosophy)
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