An Introduction to Decision Theory

An Introduction to Decision Theory

by Martin Peterson
     
 

This up-to-date introduction to decision theory offers comprehensive and accessible discussions of decision making under ignorance and risk, the foundations of utility theory, the debate over subjective and objective probability, Bayesianism, causal decision theory, game theory and social choice theory. No mathematical skills are assumed, and all concepts and

See more details below

Overview

This up-to-date introduction to decision theory offers comprehensive and accessible discussions of decision making under ignorance and risk, the foundations of utility theory, the debate over subjective and objective probability, Bayesianism, causal decision theory, game theory and social choice theory. No mathematical skills are assumed, and all concepts and results are explained in non-technical and intuitive as well as more formal ways. There are over 100 exercises with solutions, and a glossary of key terms and concepts. An emphasis on foundational aspects of normative decision theory (rather than descriptive decision theory) makes the book particularly useful for philosophy students, but it will appeal to readers in a range of disciplines, including economics, psychology, political science and computer science.

Product Details

ISBN-13:
9780521716543
Publisher:
Cambridge University Press
Publication date:
05/25/2009
Series:
Cambridge Introductions to Philosophy Series
Edition description:
New Edition
Pages:
328
Product dimensions:
6.80(w) x 9.60(h) x 0.70(d)

Table of Contents

1 Introduction 1

2 The decision matrix 17

3 Decisions under ignorance 40

4 Decisions under risk 64

5 Utility 91

6 The mathematics of probability 117

7 The philosophy of probability 133

8 Why should we accept the preference axioms? 164

9 Causal vs. evidential decision theory 187

10 Bayesian vs. non-Bayesian decision theory 200

11 Game theory I: Basic concepts and zero-sum games 212

12 Game theory II: Nonzero-sum and cooperative games 240

13 Social choice theory 263

14 Overview of descriptive decision theory 285

Appendix A Glossary 296

Appendix B Proof of the von Neumann-Morgenstern theorem 302

Further reading 308

Index 314

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >