Description: Non-Bayesian Decision Theory by Martin Peterson Estimated delivery 3-12 business days Format Paperback Condition Brand New Description It will be shown that utility and probability fu- tions derived in a non-Bayesian manner can be used for generating preferences over uncertain prospects, that support the principle of maximising subjective expected utility. Publisher Description For quite some time, philosophers, economists, and statisticians have endorsed a view on rational choice known as Bayesianism. The work on this book has grown out of a feeling that the Bayesian view has come to dominate the academic com- nitytosuchanextentthatalternative,non-Bayesianpositionsareseldomextensively researched. Needless to say, I think this is a pity. Non-Bayesian positions deserve to be examined with much greater care, and the present work is an attempt to defend what I believe to be a coherent and reasonably detailed non-Bayesian account of decision theory. The main thesis I defend can be summarised as follows. Rational agents m- imise subjective expected utility, but contrary to what is claimed by Bayesians, ut- ity and subjective probability should not be de?ned in terms of preferences over uncertain prospects. On the contrary, rational decision makers need only consider preferences over certain outcomes. It will be shown that utility and probability fu- tions derived in a non-Bayesian manner can be used for generating preferences over uncertain prospects, that support the principle of maximising subjective expected utility. To some extent, this non-Bayesian view gives an account of what modern - cision theory could have been like, had decision theorists not entered the Bayesian path discovered by Ramsey, de Finetti, Savage, and others. I will not discuss all previous non-Bayesian positions presented in the literature. Details ISBN 9048179572 ISBN-13 9789048179572 Title Non-Bayesian Decision Theory Author Martin Peterson Format Paperback Year 2010 Pages 170 Edition 1st Publisher Springer GE_Item_ID:140424156; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys
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ISBN-13: 9789048179572
Book Title: Non-Bayesian Decision Theory
Number of Pages: VIII, 170 Pages
Language: English
Publication Name: Non-Bayesian Decision Theory : Beliefs and Desires As Reasons for Action
Publisher: Springer Netherlands
Subject: Philosophy & Social Aspects, Decision-Making & Problem Solving, Computer Science, Operations Research, Economics / General, Probability & Statistics / Bayesian Analysis
Publication Year: 2010
Type: Textbook
Item Weight: 16 Oz
Subject Area: Mathematics, Computers, Science, Business & Economics
Author: Martin Peterson
Item Length: 9.3 in
Item Width: 6.1 in
Series: Theory and Decision Library A: Ser.
Format: Trade Paperback
