Theory of Case-Based Decisions

Name: Theory of Case-Based Decisions
Brand: Cambridge University Press
SKU: 9780521802345
Price: 3252 CZK
Availability: InStock

Autor: Itzhak Gilboa, David Schmeidler

Jazyk:

Vazba: Pevná

Vydavatel: Cambridge University Press

Dostupnost: Skladem u dodavatele

Odesíláme za 14-21 dnů

3 252 Kč

Gilboa and Schmeidler provide a paradigm for modelling decision making under uncertainty. Unlike the...

Informace o knize

Autor

Itzhak Gilboa, David Schmeidler

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

2001

Stránek

212

EAN

9780521802345

ISBN

0521802342

Enbook ID

02043955

Vydavatel

Cambridge University Press

Hmotnost

406

Rozměry

222 x 147 x 21

Kompletní popis

Gilboa and Schmeidler provide a paradigm for modelling decision making under uncertainty. Unlike the classical theory of expected utility maximization, case-based decision theory does not assume that decision makers know the possible 'states of the world' or the outcomes, let alone the decision matrix attaching outcomes to act-state pairs. Case-based decision theory suggests that people make decisions by analogies to past cases: they tend to choose acts that performed well in the past in similar situations, and to avoid acts that performed poorly. It is an alternative to expected utility theory when both states of the world and probabilities are neither given in the problem nor can be easily constructed. The authors describe the general theory and its relationship to planning, repeated choice problems, inductive inference, and learning; they highlight its mathematical and philosophical foundations and compare it with expected utility theory as well as with rule-based systems.

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Theory of Case-Based Decisions

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