Probability and Utility for Decision Theory

Name: Probability and Utility for Decision Theory
Brand: VDM Verlag
SKU: 9783639233247
Price: 70.14 EUR
Availability: InStock

Traditional and Modern Concepts

Автор: Paul Weirich

Език:

Корици: С меки корици

Издател: VDM Verlag

Наличност: Налично при издателя, по поръчка

Изпращаме след 17-27 дни

70.14 € 137.19 лв

One kind of probability and one kind of utility have decision theory as their central area of applic...

Информация за книгата

Автор

Paul Weirich

Език

Английски език

Корици

Книга - С меки корици

Издадена

2010

страници

172

EAN

9783639233247

ISBN

3639233247

Enbook ID

06831050

Издател

VDM Verlag

Теглоt

259

Размери

152 x 229 x 10

Пълно описание

One kind of probability and one kind of utility have decision theory as their central area of application. How should we understand this kind of probability and this kind of utility? This work compares two approaches to probability and utility. The first refines the traditional concepts of probability and utility, according to which they are rational degree of belief and rational degree of want. The second defines probability and utility in terms of preferences. Because degrees of belief and degrees of want are basic reasons for decisions, the traditional concepts characterize actions that should be chosen in terms that explain why they should be chosen. Consequently, certain refinements of the traditional concepts of probability and utility yield the best version of decision theory. This work will interest those studying probability and utility at a foundational level in mathematics, economics, and business management, as well as in philosophy. By clarifying probability and utility, it facilitates progress in decision theory.

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Probability and Utility for Decision Theory

Traditional and Modern Concepts

Информация за книгата

Пълно описание

Може също да ви хареса

Клиенти, които купиха тази книга, купиха също