Models of Decision-Making

Simplifying Choices

Nonfiction, Science & Nature, Science, Other Sciences, Philosophy & Social Aspects, Religion & Spirituality, Philosophy
Cover of the book Models of Decision-Making by Paul Weirich, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Paul Weirich ISBN: 9781316235058
Publisher: Cambridge University Press Publication: February 5, 2015
Imprint: Cambridge University Press Language: English
Author: Paul Weirich
ISBN: 9781316235058
Publisher: Cambridge University Press
Publication: February 5, 2015
Imprint: Cambridge University Press
Language: English

Classical decision theory evaluates entire worlds, specified so as to include everything a decision-maker cares about. Thus applying decision theory requires performing computations far beyond an ordinary decision-maker's ability. In this book Paul Weirich explains how individuals can simplify and streamline their choices. He shows how different 'parts' of options (intrinsic, temporal, spatiotemporal, causal) are separable, so that we can know what difference one part makes to the value of an option, regardless of what happens in the other parts. He suggests that the primary value of options is found in basic intrinsic attitudes towards outcomes: desires, aversions, or indifferences. And using these two facts he argues that we need only compare small parts of the options we face in order to make a rational decision. This important book will interest readers in decision theory, economics, and the behavioral sciences.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Classical decision theory evaluates entire worlds, specified so as to include everything a decision-maker cares about. Thus applying decision theory requires performing computations far beyond an ordinary decision-maker's ability. In this book Paul Weirich explains how individuals can simplify and streamline their choices. He shows how different 'parts' of options (intrinsic, temporal, spatiotemporal, causal) are separable, so that we can know what difference one part makes to the value of an option, regardless of what happens in the other parts. He suggests that the primary value of options is found in basic intrinsic attitudes towards outcomes: desires, aversions, or indifferences. And using these two facts he argues that we need only compare small parts of the options we face in order to make a rational decision. This important book will interest readers in decision theory, economics, and the behavioral sciences.

More books from Cambridge University Press

Cover of the book Justice and Reconciliation in World Politics by Paul Weirich
Cover of the book Thucydides on Politics by Paul Weirich
Cover of the book Asceticism in the Graeco-Roman World by Paul Weirich
Cover of the book Codes and Automata by Paul Weirich
Cover of the book The Mobilization of Political Islam in Turkey by Paul Weirich
Cover of the book Representations of Lie Algebras by Paul Weirich
Cover of the book Arvo Pärt's White Light by Paul Weirich
Cover of the book Claudian and the Roman Epic Tradition by Paul Weirich
Cover of the book The Cambridge Companion to Martin Luther by Paul Weirich
Cover of the book Cultivating Success in the South by Paul Weirich
Cover of the book Cicero: 'Pro Sexto Roscio' by Paul Weirich
Cover of the book Darwin and Women by Paul Weirich
Cover of the book Evolution of Sleep by Paul Weirich
Cover of the book Diatoms by Paul Weirich
Cover of the book Liability of Corporate Groups and Networks by Paul Weirich
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy