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Decision Theory And Decision Behaviour

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.

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Descriptions 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.


Details Author : Anatol Rapoport Pages : pages Publisher : Palgrave MacMillan Language : ISBN-10 : 1508588.Marie_Force ISBN-13 : 9780333681473 ●


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Books_free Decision Theory And Decision Behaviour  

The book treats two approaches to decision theory: (1) the normative, purporting to determine how a 'perfectly rational' actor ought to choo...

Books_free Decision Theory And Decision Behaviour  

The book treats two approaches to decision theory: (1) the normative, purporting to determine how a 'perfectly rational' actor ought to choo...

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