Theory of Decision Under Uncertainty

by Itzhak Gilboa

Book Overview

This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability...

• Format: Paperback
• Language: English
• ISBN: 0521741238
• ISBN13: 9780521741231
• Release Date: March 2009
• Publisher: Cambridge University Press
• Length: 230 Pages
• Weight: 0.75 lbs.
• Dimensions: 0.6" x 5.9" x 8.9"