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Taking Chances: Essays on Rational Choice

Taking Chances: Essays on Rational Choice

Paperback

Series: Cambridge Studies in Probability, Induction and Decision The

Philosophy

ISBN10: 0521038987
ISBN13: 9780521038980
Publisher: Cambridge
Published: Aug 16 2007
Pages: 392
Weight: 1.26
Height: 0.87 Width: 6.00 Depth: 9.00
Language: English
The essays in this book develop and explore the Bayesian idea that rational actions maximize expected values, where an action's expected value is a weighted average of its agent's values for its possible total outcomes. The author establishes principles for distinguishing options in decision problems and pays much attention to games--both isolated and iterated. The book also views critically Gauthier's revisionist ideas about maximizing rationality.

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