Theory of Decision under Uncertainty: 45 (Econometric Society Monographs, Series Number 45) - Image 1

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Cambridge University Press Theory of Decision under Uncertainty: 45 (Econometric Society Monographs, Series Number 45)

Name: Theory of Decision under Uncertainty: 45 (Econometric Society Monographs, Series Number 45)
Brand: Cambridge University Press
Price: 72.87 GBP
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Econometrics

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This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability lead to two directions - first, similar behavioral definitions of more general theories, such as non-additive probabilities and multiple priors, and second, cognitive derivations based on case-based techniques.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 052151732X
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 16 March 2009
Listed Since: 20 August 2008

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Cambridge University Press Theory of Decision under Uncertainty: 45 (Econometric Society Monographs, Series Number 45)

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