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Theory of Decision under Uncertainty (Hardcover) Loot Price: R2,585
Discovery Miles 25 850
Theory of Decision under Uncertainty (Hardcover): Itzhak Gilboa

Theory of Decision under Uncertainty (Hardcover)

Itzhak Gilboa

Series: Econometric Society Monographs

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Loot Price R2,585 Discovery Miles 25 850 | Repayment Terms: R242 pm x 12*

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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

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Series: Econometric Society Monographs
Release date: March 2009
First published: March 2009
Authors: Itzhak Gilboa
Dimensions: 229 x 152 x 18mm (L x W x T)
Format: Hardcover
Pages: 230
ISBN-13: 978-0-521-51732-4
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Business & Economics > Economics > Econometrics > Economic statistics
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LSN: 0-521-51732-X
Barcode: 9780521517324

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