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Rational Choice Using Imprecise Probabilities and Utilities (Paperback) Loot Price: R521
Discovery Miles 5 210
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Rational Choice Using Imprecise Probabilities and Utilities (Paperback): Paul Weirich

Rational Choice Using Imprecise Probabilities and Utilities (Paperback)

Paul Weirich

Series: Elements in Decision Theory and Philosophy

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Loot Price R521 Discovery Miles 5 210

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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.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Series: Elements in Decision Theory and Philosophy
Release date: February 2021
Authors: Paul Weirich
Dimensions: 150 x 230 x 5mm (L x W x T)
Format: Paperback - Trade
Pages: 75
ISBN-13: 978-1-108-71350-4
Categories: Books > Science & Mathematics > Science: general issues > Philosophy of science
Books > Reference & Interdisciplinary > Communication studies > Decision theory > General
Books > Humanities > Philosophy > Topics in philosophy > Logic
Books > Philosophy > Topics in philosophy > Logic
LSN: 1-108-71350-5
Barcode: 9781108713504

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