A Theory of Case-Based Decisions

by Itzhak Gilboa and David Schmeidler

Book Overview

Gilboa and Schmeidler provide a new paradigm for modeling decision making under uncertainty. Case-based decision theory suggests that people make decisions by analogies to past cases: they tend to choose acts that performed well in the past in similar situations, and to avoid acts that performed poorly. The authors describe the general theory and its relationship to planning, repeated choice problems, inductive inference, and learning. They highlight...

• Format: Paperback
• Language: English
• ISBN: 0521003113
• ISBN13: 9780521003117
• Release Date: September 2001
• Publisher: Cambridge University Press
• Length: 210 Pages
• Weight: 0.60 lbs.
• Dimensions: 0.5" x 5.5" x 8.5"