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Author : Robert Nozick
Publisher : Dissertations-G
ISBN 13 :
Total Pages : 368 pages
Book Rating : 4.47/5 ( download)
Download or read book The Normative Theory of Individual Choice written by Robert Nozick and published by Dissertations-G. This book was released on 1990 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Anatol Rapoport
Publisher : Springer Science & Business Media
ISBN 13 : 9401578400
Total Pages : 439 pages
Book Rating : 4.00/5 ( download)
Download or read book Decision Theory and Decision Behaviour written by Anatol Rapoport and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the content of a year's course in decision processes for third and fourth year students given at the University of Toronto. A principal theme of the book is the relationship between normative and descriptive decision theory. The distinction between the two approaches is not clear to everyone, yet it is of great importance. Normative decision theory addresses itself to the question of how people ought to make decisions in various types of situations, if they wish to be regarded (or to regard themselves) as 'rational'. Descriptive decision theory purports to describe how people actually make decisions in a variety of situations. Normative decision theory is much more formalized than descriptive theory. Especially in its advanced branches, normative theory makes use of mathematicallanguage, mode of discourse, and concepts. For this reason, the definitions of terms encountered in normative decision theory are precise, and its deductions are rigorous. Like the terms and assertions of other branches of mathematics, those of mathematically formalized decision theory need not refer to anything in the 'real', i. e. the observable, world. The terms and assertions can be interpreted in the context of models of real li fe situations, but the verisimilitude of the models is not important. They are meant to capture only the essentials of adecision situation, which in reallife may be obscured by complex details and ambiguities. It is these details and ambiguities, however, that may be crucial in determining the outcomes of the decisions.
Author : K. Borch
Publisher : Springer
ISBN 13 : 134915248X
Total Pages : 461 pages
Book Rating : 4.83/5 ( download)
Download or read book Risk and Uncertainty written by K. Borch and published by Springer. This book was released on 1968-01-15 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kenneth J. Arrow
Publisher : Yale University Press
ISBN 13 : 0300186983
Total Pages : 347 pages
Book Rating : 4.87/5 ( download)
Download or read book Social Choice and Individual Values written by Kenneth J. Arrow and published by Yale University Press. This book was released on 2012-06-26 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1951, "Social Choice and Individual Values" introduced "Arrow's Impossibility Theorem" and founded the field of social choice theory in economics and political science. This new edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow's seminal book to a new generation of students and researchers."Far beyond a classic, this small book unleashed the ongoing explosion of interest in social choice and voting theory. A half-century later, the book remains full of profound insight: its central message, 'Arrow's Theorem, ' has changed the way we think."--Donald G. Saari, author of "Decisions and Elections: Explaining the Unexpected "
Author : Peter Diamond
Publisher : Academic Press
ISBN 13 : 1483264505
Total Pages : 569 pages
Book Rating : 4.09/5 ( download)
Download or read book Uncertainty in Economics written by Peter Diamond and published by Academic Press. This book was released on 2014-05-10 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uncertainty in Economics: Readings and Exercises provides information pertinent to the fundamental aspects of the economics of uncertainty. This book discusses ho uncertainty affects both individual behavior and standard equilibrium theory. Organized into three parts encompassing 30 chapters, this book begins with an overview of the relevance of expected utility maximization for positive and normative theories of individual choice. This text then examines the biases in judgments, which reveal some heuristics of thinking under uncertainty. Other chapters consider the effect of restricting trade in contingent commodities to those trades that can be affected through the stock and bond markets. This book discusses as well the individual problem of sequential choice and equilibria, which are built around the notion of sequential choice. The final chapter deals with an entirely different aspect of the economics of information and reverts to the assumption that markets are perfect and costless. This book is a valuable resource for economists and students.
Author : David E. Bell
Publisher : Cambridge University Press
ISBN 13 : 9780521368513
Total Pages : 640 pages
Book Rating : 4.10/5 ( download)
Download or read book Decision Making written by David E. Bell and published by Cambridge University Press. This book was released on 1988-10-28 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compilation of different approaches--normative, descriptive,and prescriptive--develops this integrated analysis of decision-making that emphasizes the contributions of various disciplinary interests.
Author : Martin Peterson
Publisher : Cambridge University Press
ISBN 13 : 1107151597
Total Pages : 351 pages
Book Rating : 4.98/5 ( download)
Download or read book An Introduction to Decision Theory written by Martin Peterson and published by Cambridge University Press. This book was released on 2017-03-30 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and accessible introduction to all aspects of decision theory, now with new and updated discussions and over 140 exercises.
Author : Allan Gibbard
Publisher : OUP Oxford
ISBN 13 : 0198249845
Total Pages : 362 pages
Book Rating : 4.49/5 ( download)
Download or read book Wise Choices, Apt Feelings written by Allan Gibbard and published by OUP Oxford. This book was released on 1992 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This treatise explores what is at issue in narrowly moral questions, and in questions of rational thought and conduct in general. It helps to explain why normative thought and talk so pervade human life, and why our highly social species might have evolved to be gripped by these questions. The author asks how, if his theory is right, we can interpret our normative puzzles, and thus proceed toward finding answers to them.
Author : Clifford G Christians
Publisher : University of Illinois Press
ISBN 13 : 0252090837
Total Pages : 298 pages
Book Rating : 4.37/5 ( download)
Download or read book Normative Theories of the Media written by Clifford G Christians and published by University of Illinois Press. This book was released on 2010-10-01 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, five leading scholars of media and communication take on the difficult but important task of explicating the role of journalism in democratic societies. Using Fred S. Siebert, Theodore Peterson, and Wilbur Schramm's classic Four Theories of the Press as their point of departure, the authors explore the philosophical underpinnings and the political realities that inform a normative approach to questions about the relationship between journalism and democracy, investigating not just what journalism is but what it ought to be. The authors identify four distinct yet overlapping roles for the media: the monitorial role of a vigilant informer collecting and publishing information of potential interest to the public; the facilitative role that not only reports on but also seeks to support and strengthen civil society; the radical role that challenges authority and voices support for reform; and the collaborative role that creates partnerships between journalists and centers of power in society, notably the state, to advance mutually acceptable interests. Demonstrating the value of a reconsideration of media roles, Normative Theories of the Media provides a sturdy foundation for subsequent discussions of the changing media landscape and what it portends for democratic ideals.
Author : Mary Zey
Publisher : SAGE
ISBN 13 : 9780803951365
Total Pages : 156 pages
Book Rating : 4.61/5 ( download)
Download or read book Rational Choice Theory and Organizational Theory written by Mary Zey and published by SAGE. This book was released on 1998 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rational Choice Theory and Organizational Theory is written in response to the neo-classical economic rational choice theories and organizational economic theories which have emerged in the past decade and gained center stage in current organizational analysis.
