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Taking Chances: Essays on Rational Choice by Jordan Howard Sobel (English) Hardc

Description: Taking Chances by Jordan Howard Sobel In this volume of essays Sobel explores the Bayesian idea that rational actions maximise expected values, where an actions expected value is a weighted average of its agents values for its possible total outcomes. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description J. Howard Sobel has long been recognised as an important figure in philosophical discussions of rational decision. He has done much to help formulate the concept of causal decision theory. In this volume of essays Sobel explores the Bayesian idea that rational actions maximise expected values, where an actions expected value is a weighted average of its agents values for its possible total outcomes. Newcombs Problem and The Prisoners Dilemma are discussed, and Allais-type puzzles are viewed from the perspective of causal world Bayesianism. The author establishes principles for distinguishing options in decision problems, and studies ways in which perfectly rational causal maximisers can be capable of resolute choices. Several of the essays concern games, with interacting ideally rational and well-informed maximising rationality. Sobel also views critically Gauthiers revisionist ideas about maximising rationality. This collection will be a desideratum for anyone working in the field of rational choice theory, whether in philosophy, economics, political science, psychology, or statistics.Howard Sobels work in decision theory is certainly among the most important, interesting, and challenging that is being done by philosophers. Author Biography Jordan Howard Sobel is Professor Emeritus, Department of PhiJordan Howard Sobel is Professor Emeritus, Department of Philosophy, University of Toronto, and Visiting Professor, Univlosophy, University of Toronto, and Visiting Professor, University of Uppsala. ersity of Uppsala. Table of Contents Preface; Part I. World Bayesianism: 1. Utility and the Bayesian paradigm; Part II. Problems for Evidential Decision Theory: 2. Newcomblike problems; 3. Not every prisoners dilemma is a Newcomb problem; 4. Some versions of Newcombs problem are prisoners dilemmas; 5. Infallible predictors; 6. Kent Bach on good arguments; 7. Maximising and prospering; Part III. Causal Decision Theory: 8. Notes on decision theory: old wine in new bottles; 9. Partition theorems for causal decision theories; 10. Expected utilities and rational actions and choices; 11. Maximisation, stability of decision and actions in accordance with reason; 12. Useful intentions; Part IV. Interacting Causal Maximisers: 13. The need for coercion; 14. Hyperrational games; 15. Utility maximizers in iterated prisoners dilemmas; 16. Backward induction arguments: a paradox regained; References; Index of names. Review "...there is a profound unity throughout the volume and the analysis is always first-rate...I sincerely hope that this book will be widely read..." Maurice Salles, Mathematical Reviews "Spotting a rational choice is sometimes mercifully easy. Read this book. I guarantee a hefty payoff. Taking a chance on Taking Chances is taking no chance at all." Mark Vorobej, Canadian Philosophical Review "Sobel is one of philosophys leading experts on decision theory. How nice to have a collection of his contributions! These essays, mostly written during the last ten years, provide an excellent survey of current research in the field...Sobels book is a cornucopia of insights about rational choice." Ethics Promotional In this volume of essays Sobel explores the Bayesian idea that rational actions maximize expected values. Review Quote "...there is a profound unity throughout the volume and the analysis is always first-rate....I sincerely hope that this book will be widely read..."Maurice Salles, Mathematical Reviews Promotional "Headline" In this volume of essays Sobel explores the Bayesian idea that rational actions maximize expected values. Description for Bookstore In this volume of essays Sobel explores the Bayesian idea that rational actions maximize expected values, where an actions expected value is a weighted average of its agents values for its possible total outcomes. Description for Library In this volume of essays Sobel explores the Bayesian idea that rational actions maximize expected values, where an actions expected value is a weighted average of its agents values for its possible total outcomes. Details ISBN0521416353 Author Jordan Howard Sobel Publisher Cambridge University Press Series Cambridge Studies in Probability, Induction and Decision Theory Year 1994 ISBN-10 0521416353 ISBN-13 9780521416351 Format Hardcover Publication Date 1994-04-29 Imprint Cambridge University Press Subtitle Essays on Rational Choice Place of Publication Cambridge Country of Publication United Kingdom Short Title TAKING CHANCES Language English Media Book Affiliation Univ. of Toronto Scarborough, Canada Illustrations black & white illustrations Pages 390 DEWEY 003.56 DOI 10.1604/9780521416351 UK Release Date 1994-04-29 AU Release Date 1994-04-29 NZ Release Date 1994-04-29 Alternative 9780521038980 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:95104347;

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Taking Chances: Essays on Rational Choice by Jordan Howard Sobel (English) Hardc

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