Rational decisions /

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Bibliographic Details
Author / Creator:Binmore, K. G., 1940-
Imprint:Princeton : Princeton University Press, ©2009.
Description:1 online resource (x, 200 pages) : illustrations
Language:English
Series:The Gorman lectures in economics
Gorman lectures in economics.
Subject:Bayesian statistical decision theory.
Statistical decision.
Statistique bayésienne.
Prise de décision (Statistique)
MATHEMATICS -- Probability & Statistics -- Bayesian Analysis.
BUSINESS & ECONOMICS -- Decision-Making & Problem Solving.
Bayesian statistical decision theory.
Statistical decision.
Electronic books.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11243813
Hidden Bibliographic Details
ISBN:9781400833092
1400833094
9786612457944
6612457945
9780691130743
0691130744
9780691149899
1282457942
9781282457942
9786612936005
6612936002
Notes:Includes bibliographical references (pages 189-196) and index.
English.
Print version record.
Summary:"The book is a wide-ranging exploration of standard theories of choice and belief under risk and uncertainty. Ken Binmore discusses the various philosophical attitudes related to the nature of probability and offers resolutions to paradoxes believed to hinder further progress. In arguing that the Bayesian approach to knowledge is inadequate in a large world, Binmore proposes an extension to Bayesian decision theory - allowing the idea of a mixed strategy in game theory to be expanded to a larger set of what Binmore refers to as "muddled" strategies."--Jacket.
Other form:Print version: Binmore, K.G., 1940- Rational decisions. Princeton : Princeton University Press, ©2009 9780691130743