Taking Chances
Subtitle: Essays on Rational Choice (Cambridge Studies in Probability, Induction and Decision Theory)
Edition: 1 edition
Publisher: Cambridge University Press
Published: August 20, 2007
Language: eng
Format: Paperback
Number of pages: 390
ISBN-13: 9780521038980
Subjects: Logic; Probability & statistics; General; Bayesian statistical decision theory; Philosophy / General; Philosophy
First sentence: Abstract. A problem for utility theory - that it would have an agent who was compelled to play Russian roulette with one revolver or another, to pay as much to have a six-shooter with four bullets relieved of one bullet before playing with it as he would be willing to pay to have a six-shooter with two bullets emptied - is explained.