Nonbayesian Decision Theory Beliefs and Desires as Reasons for Action /

• Main Author: Peterson, Martin (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Dordrecht : Springer Netherlands, 2008.
• Series: Theory and Decision Library ; 44
• Subjects: Philosophy.; Operations research.; Decision making.; Philosophy and science.; Mathematical statistics.; Game theory.; Economic theory.; Philosophy of Science.; Operation Research/Decision Theory.; Probability and Statistics in Computer Science.; Game Theory, Economics, Social and Behav. Sciences.; Economic Theory/Quantitative Economics/Mathematical Methods.

This book aims to present an account of rational choice from a non-Bayesian point of view. Rational agents maximize subjective expected utility, but contrary to what is claimed by Bayesians, the author argues that utility and subjective probability should not be defined in terms of preferences over...

Table of Contents:

• Bayesian decision theory
• Choosing what to decide
• Indeterminate preferences
• Utility
• Subjective probability
• Expected utility
• Risk aversion.