Beliefs, Interactions and Preferences - in Decision Making
Contributors: Mark J. Machina (Editor); B.R. Munier (Editor)
Edition: 1 edition
Publisher: Springer
Published: September 30, 1999
Language: eng
Format: Hardcover
Number of pages: 384
ISBN-13: 9780792385998
Subjects: Risk assessment & analysis for business; Prediction Theory; Mathematics; Business / Economics / Finance; Sociology; Probability & Statistics - General; Decision Making & Problem Solving; General; Business & Economics / Decision-Making & Problem Solving; Business & Economics / Operations Research; Mathematics : Probability & Statistics - General; Medical : General; Decision making
First sentence: The standard decision theories of Savage (1954) and of Anscombe and Aumann (1963) both rely on the assumption that there are "constant acts" yielding the same consequence in all states of the world.