Taking Chances: Essays on Rational Choice

The essays in this book develop and explore the Bayesian idea that rational actions maximize expected values, where an action's expected value is a weighted average of its agent's values for its possible total outcomes. The author establishes principles for distinguishing options in decision problems and pays much attention to games--both isolated and iterated. The book also views critically Gauthier's revisionist ideas about maximizing rationality.

Author: Jordan Howard Sobel
Publisher: Cambridge University Press
Published: 08/16/2007
Pages: 392
Binding Type: Paperback
Weight: 1.26lbs
Size: 9.00h x 6.00w x 0.87d
ISBN: 9780521038980

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