Download or read book The Mind under the Axioms written by Sacha Bourgeois-Gironde and published by Academic Press. This book was released on 2019-09-18 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Mind under the Axioms reviews two basic ingredients of our understanding of human decisions – conative aspects (preferences) and cognitive aspects (beliefs). These ingredients are axiomatized in modern decision theory in the view to obtain a formally and empirically tractable representation of the decision-maker. The main issue developed in this book is the connection between realistic and testable psychological features and the descriptive component of abstract axioms of rationality. It addresses three main topics for which the interaction between axiomatization and psychology leads to potential new developments in experimental decision-theory and puts strictures on the standard revealed preference methodology prevailing in that field. The possibility of a cardinal representation of preferences is discussed. Different ways of accounting for incomplete preferences, and in which sense, are analysed. Finally, the conditions of separability between preferences and beliefs, such as prescribed by axioms of state-independence, are submitted to actual and potential tests. The book offers a bridge between the disciplines of decision-theory, psychology, and neuroeconomics. It is thus relevant for those, in psychology and cognitive sciences, who are sometimes put off by the high degree of formalism and abstraction in decision-theory, that seems to lie beyond the reach of psychological realism. It also aims to convince those in decision-theory for whom psychological realism and empirical testability should not constrain the modelling enterprise that conceptual clarification can come from attempted experimentation. - Addresses open and evolving theoretical issues in decision-theory, especially from experimental perspectives - Helps researchers understand the psychological and neuroscientific mechanisms for decision-making - Considers how preferences shape beliefs and how beliefs shape preferences - Uncovers the very formal and abstract psychological and behavioral implications that are actually made in contemporary decision-theory
Download or read book Experimental Business Research written by Rami Zwick and published by Springer Science & Business Media. This book was released on 2007-02-26 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of the few titles that brings together studies that adopt laboratory based experimental economics methods to study an array of business and policy issues, spanning the entire business domain, including accounting, economics, management, marketing and cognitive science.
Download or read book Risk and Rationality written by Lara Buchak and published by . This book was released on 2013-11 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lara Buchak sets out a new account of rational decision-making in the face of risk. She argues that the orthodox view (expected utility theory) is too narrow, and suggests an alternative, more permissive theory: one that allows individuals to pay attention to the worst-case or best-case scenario, and vindicates the ordinary decision-maker.
Download or read book Cognition In Action written by Alan F. Collins and published by Psychology Press. This book was released on 1994-08-05 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised textbook is designed for undergraduate courses in cognitive psychology. It approaches cognitive psychology by asking what it says about how people carry out everyday activities: how people organize and use their knowledge in order to behave appropriately in the world in which they live.; Each chapter of the book starts with an example and then uses this to introduce some aspect of the overall cognitive system. Through such examples of cognition in action, important components of the cognitive system are identified, and their interrelationships highlighted. Thus the text demonstrates that each part of the cognitive system can only be understood properly in its place in the functioning of the whole.; This edition features increased coverage of neuropsychological and connectionist approaches to cognition.
Download or read book Evidence Decision and Causality written by Arif Ahmed and published by Cambridge University Press. This book was released on 2014-08-07 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most philosophers agree that causal knowledge is essential to decision-making: agents should choose from the available options those that probably cause the outcomes that they want. This book argues against this theory and in favour of evidential or Bayesian decision theory, which emphasises the symptomatic value of options over their causal role. It examines a variety of settings, including economic theory, quantum mechanics and philosophical thought-experiments, where causal knowledge seems to make a practical difference. The arguments make novel use of machinery from other areas of philosophical inquiry, including first-person epistemology and the free will debate. The book also illustrates the applicability of decision theory itself to questions about the direction of time and the special epistemic status of agents.
Download or read book Systems and Management Science by Extremal Methods written by Fred Young Phillips and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, Systems and Management Science by Extremal Methods, is the second in a series dedicated to honoring and extending the work of Abraham Charnes. The first volume, entitled Extremal Methods and Systems Analysis (Springer Verlag, Berlin, 1980), was edited by A.V. Fiacco and K.O. Kortanek. Subtitled "An International Symposium on the Occasion of Abraham Charnes' Sixtieth Birthday," this first volume consisted of a selection from papers presented at a conference in honor of Professor Charnes held at The University of Texas at Austin in September 1977. This second volume consists of papers, to be described more fully below, that were presented in a similar 2 conference held at the IC Institute of The University of Texas at Austin, Texas, in October of 1987, to honor Dr. Charnes on his seventieth birthday. All these papers were written by scholars and scientists whose own work has been affected by the contributions of this distinguished scholar and educator over a long period of time.
Download or read book A Primer of Judgment and Decision Making written by Richard Tunney and published by Springer Nature. This book was released on with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Game Theory with Economic Applications written by R.J. Aumann and published by Elsevier. This book was released on 1992 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes
Download or read book Cognitive Psychology written by Nick Braisby and published by Oxford University Press. This book was released on 2012-03 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Cognitive Psychology' provides insight into this illuminating subject, leading readers through such topics as attention, memory, judgement and decision making, and introducing us to the latest computational and imaging techniques through which our understanding of these topics is being continually enhanced.
Download or read book Rationality in Action written by Paul K. Moser and published by Cambridge University Press. This book was released on 1990-10-26 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: An anthology of previously published pieces that have proven long term importance to theoretical work in rational action.
Download or read book The Oxford Handbook of Philosophy of Cognitive Science written by Eric Margolis and published by Oxford University Press. This book was released on 2012-01-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The philosophy of cognitive science is concerned with fundamental philosophical and theoretical questions connected to the sciences of the mind. How does the brain give rise to conscious experience? Does speaking a language change how we think? Is a genuinely intelligent computer possible? What features of the mind are innate? Advances in cognitive science have given philosophers important tools for addressing these sorts of questions; and cognitive scientists have, in turn, found themselves drawing upon insights from philosophy-insights that have often taken their research in novel directions. The Oxford Handbook of Philosophy of Cognitive Science brings together twenty-one newly commissioned chapters by leading researchers in this rich and fast-growing area of philosophy. It is an indispensible resource for anyone who seeks to understand the implications of cognitive science for philosophy, and the role of philosophy within cognitive science.
Download or read book Non Bayesian Decision Theory written by Martin Peterson and published by Springer Science & Business Media. This book was released on 2008-06-06 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: For quite some time, philosophers, economists, and statisticians have endorsed a view on rational choice known as Bayesianism. The work on this book has grown out of a feeling that the Bayesian view has come to dominate the academic com- nitytosuchanextentthatalternative,non-Bayesianpositionsareseldomextensively researched. Needless to say, I think this is a pity. Non-Bayesian positions deserve to be examined with much greater care, and the present work is an attempt to defend what I believe to be a coherent and reasonably detailed non-Bayesian account of decision theory. The main thesis I defend can be summarised as follows. Rational agents m- imise subjective expected utility, but contrary to what is claimed by Bayesians, ut- ity and subjective probability should not be de?ned in terms of preferences over uncertain prospects. On the contrary, rational decision makers need only consider preferences over certain outcomes. It will be shown that utility and probability fu- tions derived in a non-Bayesian manner can be used for generating preferences over uncertain prospects, that support the principle of maximising subjective expected utility. To some extent, this non-Bayesian view gives an account of what modern - cision theory could have been like, had decision theorists not entered the Bayesian path discovered by Ramsey, de Finetti, Savage, and others. I will not discuss all previous non-Bayesian positions presented in the literature.
Download or read book Essays on Economic Decisions Under Uncertainty written by Jacques Drèze and published by CUP Archive. This book was released on 1990-05-25 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theory of decision making under uncertainty, and also several essays. These include an important essay on 'Decision theory under moral hazard and state dependent preferences' that significantly extends modern theory, and which provides rigorous foundations for subsequent chapters. Topics covered within the theory include decision theory, market allocation and prices, consumer decisions, theory of the firm, labour contracts, and public decisions.
Download or read book Uncertainty International Money Employment and Theory written by Paul Davidson and published by Springer. This book was released on 1999-08-05 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book contains Paul Davidson's major contributions to the economics and policy debates of our times. The relationship between uncertainty, economic theory, international financial markets and global unemployment is analysed throughout. Davidson suggests new solutions for the major problems of the twenty-first century, including volatile financial markets in Asia and beyond, challenging orthodox responses. The differences between the Old-, New-, and Post-Keynesians all vying for Keynes's mantle, are explored.
Download or read book Decision Science written by Ann Van Ackere and published by Routledge. This book was released on 2017-11-01 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000. This text is part of the "International Library of Management", which aims to present a comprehensive core reference series comprised of significant and influencial articles by the authorities in the management studies field. The collection of essays is both international and interdisciplinary in scope and aims to provide an entry point for investigating the myriad of study within the discipline.
Download or read book The Philosophy of Keynes s Economics written by Jochen Runde and published by Psychology Press. This book was released on 2003 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is undoubtedly the most influential Western economist of the twentieth century. His emphasis on the nature and role of uncertainty in economic thought is a dominant theme in his writings. This book brings together a wide array of experts on Keynes' thought such as Gay Tulip Meeks, Sheila Dow and John Davis who discuss, analyse and criticise such themes as Keynesian probability and uncertainty, the foundations of Keynes' economics and the relationship between Keynes' earlier and later thought. The Philosophy of Keynes' Economics is a readable and comprehensive book that will interest students and academics interested in the man and his thought.
Download or read book Preference Belief and Similarity written by Amos Tversky and published by MIT Press. This book was released on 2003-11-21 with total page 1046 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amos Tversky (1937–1996), a towering figure in cognitive and mathematical psychology, devoted his professional life to the study of similarity, judgment, and decision making. He had a unique ability to master the technicalities of normative ideals and then to intuit and demonstrate experimentally their systematic violation due to the vagaries and consequences of human information processing. He created new areas of study and helped transform disciplines as varied as economics, law, medicine, political science, philosophy, and statistics. This book collects forty of Tversky's articles, selected by him in collaboration with the editor during the last months of Tversky's life. It is divided into three sections: Similarity, Judgment, and Preferences. The Preferences section is subdivided into Probabilistic Models of Choice, Choice under Risk and Uncertainty, and Contingent Preferences. Included are several articles written with his frequent collaborator, Nobel Prize-winning economist Daniel Kahneman.
