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Decision Theory and Decision Behaviour Second Edition 1998 Edition
Author(s): A. Rapoport (Author)
- Publisher: Palgrave Macmillan
- Publication Date: 28 Jan. 1998
- Edition: Second Edition 1998
- Language: English
- Print length: 486 pages
- ISBN-10: 0333681479
- ISBN-13: 9780333681473
Book Description
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.
Editorial Reviews
About the Author
ANATOL RAPOPORT
