Rational decisions

By:

Binmore, Ken, 1940-

Material type: Text

TextSeries: Gorman lectures in economicsPublication details: Princeton Princeton University Press 2009Description: x,200p. ill. ; 24 cmISBN:

9780691130743

Subject(s):

DDC classification:

519.542 22 BI-R

LOC classification:

QA279.5 .B56 2009

Online resources:

Contents:

Revealed preference -- Game theory -- Risk -- Utilitarianism -- Classical probability -- Frequency -- Bayesian decision theory -- Epistemology -- Large worlds -- Mathematical notes.

Review: "The book is a wide-ranging exploration of standard theories of choice and belief under risk and uncertainty. Ken Binmore discusses the various philosophical attitudes related to the nature of probability and offers resolutions to paradoxes believed to hinder further progress. In arguing that the Bayesian approach to knowledge is inadequate in a large world, Binmore proposes an extension to Bayesian decision theory - allowing the idea of a mixed strategy in game theory to be expanded to a larger set of what Binmore refers to as "muddled" strategies."--BOOK JACKET.

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Holdings
Item type	Home library	Collection	Shelving location	Call number	Materials specified	Status	Date due	Barcode
Print	OPJGU Sonepat- Campus	General Books	Main Library	519.542 BI-R (Browse shelf(Opens below))		Available		116009

Includes bibliographical references (p. [189]-196) and index.

Revealed preference -- Game theory -- Risk -- Utilitarianism -- Classical probability -- Frequency -- Bayesian decision theory -- Epistemology -- Large worlds -- Mathematical notes.

"The book is a wide-ranging exploration of standard theories of choice and belief under risk and uncertainty. Ken Binmore discusses the various philosophical attitudes related to the nature of probability and offers resolutions to paradoxes believed to hinder further progress. In arguing that the Bayesian approach to knowledge is inadequate in a large world, Binmore proposes an extension to Bayesian decision theory - allowing the idea of a mixed strategy in game theory to be expanded to a larger set of what Binmore refers to as "muddled" strategies."--BOOK JACKET.

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