Decision Theory and Decision Behaviour

✍ Scribed by Anatol Rapoport (auth.)

Publisher: Palgrave Macmillan UK
Year: 1998
Tongue: English
Leaves: 484
Edition: 2
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

The book treats two approaches to decision theory: (1) the normative, purporting to determine how a 'perfectly rational' actor ought to choose among available alternatives; (2) the descriptive, based on observations of how people actually choose in real life and in laboratory experiments. The mathematical tools used in the normative approach range from elementary algebra to matrix and differential equations. Sections on different levels can be studied independently. Special emphasis is made on 'offshoots' of both theories to cognitive psychology, theoretical biology, and philosophy.

✦ Table of Contents

Front Matter....Pages i-xvii
Front Matter....Pages 1-1
Introduction: An Overview of Decision Theory....Pages 3-9
Orders and Scales....Pages 10-25
Optimization....Pages 26-49
Decisions under Uncertainty and Risk....Pages 50-81
Subjective Aspects of Risk....Pages 82-104
Modifications and Generalizations of Expected Utility Theory....Pages 105-135
Multi-objective Decisions....Pages 136-159
Theory of Social Choice....Pages 160-173
Individual Psychology of Decision-making....Pages 174-186
Front Matter....Pages 187-187
Two-person Constant Sum Games....Pages 189-207
Some Topics in Continuous Games....Pages 208-225
Two-person Non-constant Sum Games....Pages 226-253
Social Dilemmas....Pages 254-272
Applications of Game Theory in Biology....Pages 273-296
Theory of Voting....Pages 297-312
Front Matter....Pages 313-313
Two-person Cooperative Games....Pages 315-336
N-person Cooperative Games....Pages 337-353
The Allocation Problem....Pages 354-365
Indices of Power....Pages 366-382
Theories of Coalition Formation....Pages 383-393
Front Matter....Pages 313-313
Game-theoretical Concepts in Economics....Pages 394-417
Psychology of Collective Decision-making....Pages 418-433
Concluding Remarks....Pages 434-440
Back Matter....Pages 441-469

✦ Subjects

Economic Theory/Quantitative Economics/Mathematical Methods; Philosophy of Mathematics; Game Theory, Economics, Social and Behav. Sciences; Operation Research/Decision Theory; General Psychology

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