Models of decision-making: simplifying choices
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...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2015
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| Schlagworte: | |
| Online-Zugang: | BSB01 FHN01 UBG01 UBY01 URL des Erstveröffentlichers |
| Zusammenfassung: | 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 |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (xi, 263 pages) |
| ISBN: | 9781139939515 |
| DOI: | 10.1017/CBO9781139939515 |
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Datensatz im Suchindex
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| author | Weirich, Paul 1946- |
| author_facet | Weirich, Paul 1946- |
| author_role | aut |
| author_sort | Weirich, Paul 1946- |
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| bvnumber | BV043917986 |
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| contents | Separability -- Expected utility -- Intrinsic utility -- Temporal utility -- Spatiotemporal utility -- Causal utility |
| ctrlnum | (ZDB-20-CBO)CR9781139939515 (OCoLC)949923954 (DE-599)BVBBV043917986 |
| dewey-full | 519.5/42 |
| dewey-hundreds | 500 - Natural sciences and mathematics |
| dewey-ones | 519 - Probabilities and applied mathematics |
| dewey-raw | 519.5/42 |
| dewey-search | 519.5/42 |
| dewey-sort | 3519.5 242 |
| dewey-tens | 510 - Mathematics |
| discipline | Mathematik Philosophie |
| doi_str_mv | 10.1017/CBO9781139939515 |
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| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:38:30Z |
| institution | BVB |
| isbn | 9781139939515 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029327069 |
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| publishDate | 2015 |
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| publisher | Cambridge University Press |
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| spelling | Weirich, Paul 1946- Verfasser aut Models of decision-making simplifying choices Paul Weirich, University of Missouri Cambridge Cambridge University Press 2015 1 online resource (xi, 263 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) Separability -- Expected utility -- Intrinsic utility -- Temporal utility -- Spatiotemporal utility -- Causal utility 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 Decision making Statistische Entscheidungstheorie (DE-588)4077850-2 gnd rswk-swf Entscheidungsfindung (DE-588)4113446-1 gnd rswk-swf Entscheidungsfindung (DE-588)4113446-1 s Statistische Entscheidungstheorie (DE-588)4077850-2 s 1\p DE-604 Erscheint auch als Druckausgabe 978-1-107-07779-9 Erscheint auch als Druckausgabe 978-1-107-43478-3 https://doi.org/10.1017/CBO9781139939515 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Weirich, Paul 1946- Models of decision-making simplifying choices Separability -- Expected utility -- Intrinsic utility -- Temporal utility -- Spatiotemporal utility -- Causal utility Decision making Statistische Entscheidungstheorie (DE-588)4077850-2 gnd Entscheidungsfindung (DE-588)4113446-1 gnd |
| subject_GND | (DE-588)4077850-2 (DE-588)4113446-1 |
| title | Models of decision-making simplifying choices |
| title_auth | Models of decision-making simplifying choices |
| title_exact_search | Models of decision-making simplifying choices |
| title_full | Models of decision-making simplifying choices Paul Weirich, University of Missouri |
| title_fullStr | Models of decision-making simplifying choices Paul Weirich, University of Missouri |
| title_full_unstemmed | Models of decision-making simplifying choices Paul Weirich, University of Missouri |
| title_short | Models of decision-making |
| title_sort | models of decision making simplifying choices |
| title_sub | simplifying choices |
| topic | Decision making Statistische Entscheidungstheorie (DE-588)4077850-2 gnd Entscheidungsfindung (DE-588)4113446-1 gnd |
| topic_facet | Decision making Statistische Entscheidungstheorie Entscheidungsfindung |
| url | https://doi.org/10.1017/CBO9781139939515 |
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