Rational Choice Using Imprecise Probabilities and Utilities

Rational Choice Using Imprecise Probabilities and Utilities by Paul Weirich


ISBN
9781108713504
Published
Binding
Paperback
Pages
75
Dimensions
230 x 150 x 5mm

An agent often does not have precise probabilities or utilities to guide resolution of a decision problem. I advance a principle of rationality for making decisions in such cases. To begin, I represent the doxastic and conative state of an agent with a set of pairs of a probability assignment and a utility assignment. Then I support a decision principle that allows any act that maximizes expected utility according to some pair of assignments in the set. Assuming that computation of an option's expected utility uses comprehensive possible outcomes that include the option's risk, no consideration supports a stricter requirement.
EOFY 2025 Book Frenzy
40.79
RRP: $47.99
15% off RRP


This product is unable to be ordered online. Please check in-store availability.
Instore Price: $47.99
Enter your Postcode or Suburb to view availability and delivery times.

Other Titles by Paul Weirich

Models of DecisionMaking
63.99
54.39
15% Off

You might also like


RRP refers to the Recommended Retail Price as set out by the original publisher at time of release.
The RRP set by overseas publishers may vary to those set by local publishers due to exchange rates and shipping costs.
Due to our competitive pricing, we may have not sold all products at their original RRP.