ENGLISH

Decision Theory and Decision Behaviour

By Anatol Rapoport (auth.)

Book information

Publisher
Palgrave Macmillan UK
Year
1998
ISBN
978-1-349-39988-8, 978-0-230-37776-9, 105-108-118-1, 254-254-256-2, 394-394-398-4
DOI
10.1057/9780230377769
Language
english
Format
PDF
Filesize
43 MB (45165148 bytes)
Edition
2
Pages
XVII, 469\484
Time added
2016-03-14 21:35:01
Economic Theory/Quantitative Economics/MathematicaEconomicsSocial and Behav. Sciences; Operation Research/Dec

Description

The book treats two approaches to decision theory: (1) the normative, purporting to determine how a 'perfectly rational' actor ought to choose among available alternatives; (2) the descriptive, based on observations of how people actually choose in real life and in laboratory experiments. The mathematical tools used in the normative approach range from elementary algebra to matrix and differential equations. Sections on different levels can be studied independently. Special emphasis is made on 'offshoots' of both theories to cognitive psychology, theoretical biology, and philosophy.

Similar books