On The Impossibility Of Rational Choice Under Incomplete Information

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On The Impossibility Of Rational Choice Under Incomplete Information
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Author : Joshua Gans
language : en
Publisher:
Release Date : 1994
On The Impossibility Of Rational Choice Under Incomplete Information written by Joshua Gans and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Censorship categories.
Journal Of Economics Literature
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Author :
language : en
Publisher:
Release Date : 1996
Journal Of Economics Literature written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.
Game Theory Social Choice And Ethics
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Author : H. Brock
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Game Theory Social Choice And Ethics written by H. Brock 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 2012-12-06 with Mathematics categories.
There are problems to whose solution I would attach an infinitely greater import ancf! than to those of mathematics, for example touching ethics, or our relation to God, or conceming our destiny and our future; but their solution lies wholly beyond us and completely outside the province 0 f science. J. F. C. Gauss For a1l his prescience in matters physical and mathematieal, the great Gauss apparently did not foresee one development peculiar to OUT own time. The development I have in mind is the use of mathematical reasoning - in partieu lar the axiomatic method - to explicate alternative concepts of rationality and morality. The present bipartite collection of essays (Vol. 11, Nos. 2 and 3 of this journal) is entitled 'Game Theory, Social Choiee, and Ethics'. The eight papers represent state-of-the-art research in formal moral theory. Their intended aim is to demonstrate how the methods of game theory, decision theory, and axiomatic social choice theory can help to illuminate ethical questions central not only to moral theory, but also to normative public policy analysis. Before discussion of the contents of the papers, it should prove helpful to recall a number of pioneering papers that appeared during the decade of the 1950s. These papers contained aseries of mathematical and conceptual break through which laid the basis for much of today's research in formal moral theory. The papers deal with two somewhat distinct topics: the concept of individual and collective rationality, and the concept of social justiee.
Introduction To Imprecise Probabilities
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Author : Thomas Augustin
language : en
Publisher: John Wiley & Sons
Release Date : 2014-04-11
Introduction To Imprecise Probabilities written by Thomas Augustin 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 2014-04-11 with Mathematics categories.
In recent years, the theory has become widely accepted and has beenfurther developed, but a detailed introduction is needed in orderto make the material available and accessible to a wide audience.This will be the first book providing such an introduction,covering core theory and recent developments which can be appliedto many application areas. All authors of individual chapters areleading researchers on the specific topics, assuring high qualityand up-to-date contents. An Introduction to Imprecise Probabilities provides acomprehensive introduction to imprecise probabilities, includingtheory and applications reflecting the current state if the art.Each chapter is written by experts on the respective topics,including: Sets of desirable gambles; Coherent lower (conditional)previsions; Special cases and links to literature; Decision making;Graphical models; Classification; Reliability and risk assessment;Statistical inference; Structural judgments; Aspects ofimplementation (including elicitation and computation); Models infinance; Game-theoretic probability; Stochastic processes(including Markov chains); Engineering applications. Essential reading for researchers in academia, researchinstitutes and other organizations, as well as practitionersengaged in areas such as risk analysis and engineering.
Stochastic Methods In Finance
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Author : CIME-EMS Summer School
language : en
Publisher: Springer Science & Business Media
Release Date : 2004
Stochastic Methods In Finance written by CIME-EMS Summer School 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 2004 with Finance categories.
Imperfectly Competitive General Equilibria And The Choice Of Price Normalization
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Author : Robin Ellen Stonecash
language : en
Publisher:
Release Date : 1995
Imperfectly Competitive General Equilibria And The Choice Of Price Normalization written by Robin Ellen Stonecash and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Competition, Imperfect categories.
The Priority Of Justice
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Author : Michel Forsé
language : en
Publisher: Peter Lang
Release Date : 2005
The Priority Of Justice written by Michel Forsé and has been published by Peter Lang this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
One characteristic of modern society is that individuals no longer share a common or unique conception of good and evil. Social cohesion is maintained by a general agreement to live together which requires impartiality towards everyone and which takes precedence over the different conceptions of the good. This is what the authors call the priority of justice. This book highlights this priority and provides a new approach to moral choices in modern societies. The book focuses on two objectives. Firstly, it examines how and why modern individuals give priority to the right over the good. Opinion polls are the basis of this examination, through the model of a 'fair spectator' giving priority to the reasonable over the rational. Secondly, it analyses what constitutes the principle of justice an individual applies. This book is about resolving conflicts and social justice. It takes account of the plurality of moral values and looks at norms from a fair standpoint, avoiding the famous 'anything goes' and paying attention to what people think.
University Of Chicago Law Review Symposium Revelation Mechanisms And The Law
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Author : University of Chicago Law Review
language : en
Publisher: Quid Pro Books
Release Date : 2014-03-23
University Of Chicago Law Review Symposium Revelation Mechanisms And The Law written by University of Chicago Law Review and has been published by Quid Pro Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-23 with Law categories.
The first issue of 2014 features articles and essays from internationally recognized legal and economics scholars, including an extensive Symposium on "Revelation Mechanisms and the Law." Topics include voting options and strategies to reveal preferences, corporate governance, regulatory intensity, tort calculations of risk, mandatory disclosure of choices, partitioning interests in land, and shopping for expert witnesses. In addition, Issue 1 includes an article, "Libertarian Paternalism, Path Dependence, and Temporary Law," by Tom Ginsburg, Jonathan S. Masur & Richard H. McAdams. Applications include smoking bans and seat belt laws. Also included is a student Comment, "Too Late to Stipulate: Reconciling Rule 68 with Summary Judgments," by Channing J. Turner; and a Book Review, "Common Good and Common Ground: The Inevitability of Fundamental Disagreement," by Rebecca L. Brown, reviewing Ordered Liberty: Rights, Responsibilities, and Virtues. The issue serves, in effect, as a new and extensive book on cutting-edge issues of revelation mechanisms, strategies, prompts, nudges, and effects. The Symposium's contents are: * "Governing Communities by Auction," by Abraham Bell & Gideon Parchomovsky * "Partition and Revelation," by Yun-chien Chang & Lee Anne Fennell * "Savage Tables and Tort Law: An Alternative to the Precaution Model," by Janet M. Currie & W. Bentley MacLeod * "Revelation and Suppression of Private Information in Settlement-Bargaining Models," by Andrew F. Daughety & Jennifer F. Reinganum * "The Use and Limits of Self-Valuation Systems," by Richard A. Epstein * "Expert Mining and Required Disclosure," by Jonah B. Gelbach * "Renegotiation Design by Contract," by Richard Holden & Anup Malani * "Audits as Signals," by Maciej H. Kotowski, David A. Weisbach & Richard J. Zeckhauser * "Irreconcilable Differences: Judicial Resolution of Business Deadlock," by Claudia M. Landeo & Kathryn E. Spier * "From Helmets to Savings and Inheritance Taxes: Regulatory Intensity, Information Revelation, and Internalities," by Saul Levmore * "Quadratic Voting as Efficient Corporate Governance," by Eric A. Posner & E. Glen Weyl * "The Efficiency of Bargaining under Divided Entitlements," by Ilya Segal & Michael D. Whinston Quality ebook formatting includes active TOC, linked notes, active URLs in notes, and all the charts, tables, and formulae found in the original print version.
Reasons And Intentions
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Author : Bruno Verbeek
language : en
Publisher: Routledge
Release Date : 2016-12-05
Reasons And Intentions written by Bruno Verbeek and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-05 with Philosophy categories.
There are a number of problems in philosophy that seem to share a similar possible solution: 'Why do promises and contracts bind?', 'Why ought citizens and judges obey the law?' and 'Can we realize the gains to be made from cooperation?'. All three problems (as well as some others) share a possible solution in the form of rational internal commitment. Reasons and Intentions is a 'state-of-the-art' overview of the relevant positions on the possibility of such commitment, including critical ones. The introduction provides a survey of the central problem of the volume, 'how the will can bind itself and still be instrumental in nature', and the various positions which are further examined in the contributions. Addressing the question of the relation between intentions and action, the considerations which make an intention rational and how this translates into our conception of (moral) agency, this book brings together specially commissioned essays by the leading scholars in the field.
Rational Choice
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Author : Jon Elster
language : en
Publisher: NYU Press
Release Date : 1986-11
Rational Choice written by Jon Elster and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-11 with Political Science categories.
This series brings together a carefully edited selection of the most influential and enduring articles on central topics in social and political theory. Each volume contains ten to twelve articles and an introductory essay by the editor.