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Decision Theory


Decision Theory
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An Introduction To Decision Theory


An Introduction To Decision Theory
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Author : Martin Peterson
language : en
Publisher: Cambridge University Press
Release Date : 2017-03-30

An Introduction To Decision Theory written by Martin Peterson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-30 with Business & Economics categories.


A comprehensive and accessible introduction to all aspects of decision theory, now with new and updated discussions and over 140 exercises.



Decision Theory


Decision Theory
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Author : Giovanni Parmigiani
language : en
Publisher: John Wiley & Sons
Release Date : 2009-04-15

Decision Theory written by Giovanni Parmigiani and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-04-15 with Mathematics categories.


Decision theory provides a formal framework for making logical choices in the face of uncertainty. Given a set of alternatives, a set of consequences, and a correspondence between those sets, decision theory offers conceptually simple procedures for choice. This book presents an overview of the fundamental concepts and outcomes of rational decision making under uncertainty, highlighting the implications for statistical practice. The authors have developed a series of self contained chapters focusing on bridging the gaps between the different fields that have contributed to rational decision making and presenting ideas in a unified framework and notation while respecting and highlighting the different and sometimes conflicting perspectives. This book: Provides a rich collection of techniques and procedures. Discusses the foundational aspects and modern day practice. Links foundations to practical applications in biostatistics, computer science, engineering and economics. Presents different perspectives and controversies to encourage readers to form their own opinion of decision making and statistics. Decision Theory is fundamental to all scientific disciplines, including biostatistics, computer science, economics and engineering. Anyone interested in the whys and wherefores of statistical science will find much to enjoy in this book.



Statistical Decision Theory


Statistical Decision Theory
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Author : F. Liese
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-12-30

Statistical Decision Theory written by F. Liese and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-30 with Mathematics categories.


For advanced graduate students, this book is a one-stop shop that presents the main ideas of decision theory in an organized, balanced, and mathematically rigorous manner, while observing statistical relevance. All of the major topics are introduced at an elementary level, then developed incrementally to higher levels. The book is self-contained as it provides full proofs, worked-out examples, and problems. The authors present a rigorous account of the concepts and a broad treatment of the major results of classical finite sample size decision theory and modern asymptotic decision theory. With its broad coverage of decision theory, this book fills the gap between standard graduate texts in mathematical statistics and advanced monographs on modern asymptotic theory.



Decision Theory With A Human Face


Decision Theory With A Human Face
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Author : Richard Bradley
language : en
Publisher: Cambridge University Press
Release Date : 2017-10-26

Decision Theory With A Human Face written by Richard Bradley and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-26 with Business & Economics categories.


Explores how decision-makers can manage uncertainty that varies in both kind and severity by extending and supplementing Bayesian decision theory.



Decision Theory As Philosophy


Decision Theory As Philosophy
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Author : Mark Kaplan
language : en
Publisher: Cambridge University Press
Release Date : 1996

Decision Theory As Philosophy written by Mark Kaplan and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Philosophy categories.


Kaplan presents an accessible new variant on Bayesian decision theory.



Statistical Decision Theory And Bayesian Analysis


Statistical Decision Theory And Bayesian Analysis
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Author : James O. Berger
language : en
Publisher: Springer Science & Business Media
Release Date : 1985-08-21

Statistical Decision Theory And Bayesian Analysis written by James O. Berger and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985-08-21 with Business & Economics categories.


"The outstanding strengths of the book are its topic coverage, references, exposition, examples and problem sets... This book is an excellent addition to any mathematical statistician's library." -Bulletin of the American Mathematical Society In this new edition the author has added substantial material on Bayesian analysis, including lengthy new sections on such important topics as empirical and hierarchical Bayes analysis, Bayesian calculation, Bayesian communication, and group decision making. With these changes, the book can be used as a self-contained introduction to Bayesian analysis. In addition, much of the decision-theoretic portion of the text was updated, including new sections covering such modern topics as minimax multivariate (Stein) estimation.



Theory Of Decision Under Uncertainty


Theory Of Decision Under Uncertainty
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Author : Itzhak Gilboa
language : en
Publisher: Cambridge University Press
Release Date : 2009-03-16

Theory Of Decision Under Uncertainty written by Itzhak Gilboa and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-16 with Business & Economics categories.


This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability lead to two directions - first, similar behavioral definitions of more general theories, such as non-additive probabilities and multiple priors, and second, cognitive derivations based on case-based techniques.



Decision Theory And Rationality


Decision Theory And Rationality
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Author : José Luis Bermúdez
language : en
Publisher: OUP Oxford
Release Date : 2009-02-19

Decision Theory And Rationality written by José Luis Bermúdez and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-02-19 with Philosophy categories.


The concept of rationality is a common thread through the human and social sciences — from political science to philosophy, from economics to sociology, and from management science to decision analysis. But what counts as rational action and rational behavior? José Luis Bermúdez explores decision theory as a theory of rationality. Decision theory is the mathematical theory of choice and for many social scientists it makes the concept of rationality mathematically tractable and scientifically legitimate. Yet rationality is a concept with several dimensions and the theory of rationality has different roles to play. It plays an action-guiding role (prescribing what counts as a rational solution of a given decision problem). It plays a normative role (giving us the tools to pass judgment not just on how a decision problem was solved, but also on how it was set up in the first place). And it plays a predictive/explanatory role (telling us how rational agents will behave, or why they did what they did). This controversial but accessible book shows that decision theory cannot play all of these roles simultaneously. And yet, it argues, no theory of rationality can play one role without playing the other two. The conclusion is that there is no hope of taking decision theory as a theory of rationality.



Decision Theory And Decision Behaviour


Decision Theory And Decision Behaviour
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Author : Anatol Rapoport
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14

Decision Theory And Decision Behaviour written by Anatol Rapoport and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Business & Economics categories.


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.



The Foundations Of Causal Decision Theory


The Foundations Of Causal Decision Theory
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Author : James M. Joyce
language : en
Publisher: Cambridge University Press
Release Date : 1999-04-13

The Foundations Of Causal Decision Theory written by James M. Joyce and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-04-13 with Science categories.


This book defends the view that any adequate account of rational decision making must take a decision maker's beliefs about causal relations into account. The early chapters of the book introduce the non-specialist to the rudiments of expected utility theory. The major technical advance offered by the book is a 'representation theorem' that shows that both causal decision theory and its main rival, Richard Jeffrey's logic of decision, are both instances of a more general conditional decision theory. The book solves a long-standing problem for Jeffrey's theory by showing for the first time how to obtain a unique utility and probability representation for preferences and judgements of comparative likelihood. The book also contains a major new discussion of what it means to suppose that some event occurs or that some proposition is true. The most complete and robust defence of causal decision theory available.