Taking Chances: Essays on Rational Choice - Paperback

Books by splitShops

by Jordan Howard Sobel (Author)

The essays in this book develop and explore the Bayesian idea that rational actions maximize expected values, where an action's expected value is a weighted average of its agent's values for its possible total outcomes. The author establishes principles for distinguishing options in decision problems and pays much attention to games--both isolated and iterated. The book also views critically Gauthier's revisionist ideas about maximizing rationality.

Number of Pages: 392
Dimensions: 0.87 x 9 x 6 IN
Publication Date: August 16, 2007