This book describes the classical axiomatic theories of decision
under uncertainty, as well as critiques thereof and alternative
theories. It focuses on the meaning of probability, discussing some
definitions and surveying their scope of applicability. The
behavioral definition of subjective probability serves as a way to
present the classical theories, culminating in Savage's theorem.
The limitations of this result as a definition of probability lead
to two directions - first, similar behavioral definitions of more
general theories, such as non-additive probabilities and multiple
priors, and second, cognitive derivations based on case-based
techniques.
General
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