9780521003117-0521003113-A Theory of Case-Based Decisions

A Theory of Case-Based Decisions

ISBN-13: 9780521003117
ISBN-10: 0521003113
Author: Itzhak Gilboa, David Schmeidler
Publication date: 2001
Publisher: Cambridge University Press
Format: Paperback 210 pages
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Book details

ISBN-13: 9780521003117
ISBN-10: 0521003113
Author: Itzhak Gilboa, David Schmeidler
Publication date: 2001
Publisher: Cambridge University Press
Format: Paperback 210 pages

Summary

A Theory of Case-Based Decisions (ISBN-13: 9780521003117 and ISBN-10: 0521003113), written by authors Itzhak Gilboa, David Schmeidler, was published by Cambridge University Press in 2001. With an overall rating of 3.5 stars, it's a notable title among other Microeconomics (Economics, Decision-Making & Problem Solving, Management & Leadership, Decision Making, Business Skills, Personality, Psychology & Counseling) books. You can easily purchase or rent A Theory of Case-Based Decisions (Paperback) from BooksRun, along with many other new and used Microeconomics books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.3.

Description

Gilboa and Schmeidler provide a new paradigm for modeling decision making under uncertainty. Case-based decision theory suggests that people make decisions by analogies to past cases: they tend to choose acts that performed well in the past in similar situations, and to avoid acts that performed poorly. The authors describe the general theory and its relationship to planning, repeated choice problems, inductive inference, and learning. They highlight its mathematical and philosophical foundations and compare it to expected utility theory as well as to rule-based systems.

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