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Rational Decisions

It is widely held that Bayesian decision theory is the final word on how a rational person should make decisions. However, Leonard Savage argued that it would be ridiculous to use his theory outside the kind of small world. This book explains the foundations of this theory and shows why Savage restricted the theory's application to small worlds.
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  • Availability: Out Of Stock
  • Supplier: Pickabook
  • SKU: 9780691130743
Availability: In Stock
£22.36

Product Description

It is widely held that Bayesian decision theory is the final word on how a rational person should make decisions. However, Leonard Savage argued that it would be ridiculous to use his theory outside the kind of small world. This book explains the foundations of this theory & shows why Savage restricted the theory's application to small worlds.

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Jargon Buster

World - A physical grouping, commonly used to describe earth and everything associated with ti
Small - something that takes up less space than normal.

Supplier Information

Pickabook
A UK based company founded in 1998. Offering exceptional value for money on a wide range of books including leather bound books and sticker books.

Over 5 million books in stock - all new
Discounts of upto 80 percent
Excellent customer service
Fast delivery
Page Updated: 2015-03-31 20:45:45

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