Decision Theory and Decision Behaviour [electronic resource] : Normative and Descriptive Approaches /

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.

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Bibliographic Details
Main Authors: Rapoport, Anatol. author., SpringerLink (Online service)
Format: Texto biblioteca
Language:eng
Published: Dordrecht : Springer Netherlands : Imprint: Springer, 1989
Subjects:Business., Operations research., Decision making., Business and Management., Operation Research/Decision Theory.,
Online Access:http://dx.doi.org/10.1007/978-94-015-7840-0
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id KOHA-OAI-TEST:197813
record_format koha
institution COLPOS
collection Koha
country México
countrycode MX
component Bibliográfico
access En linea
En linea
databasecode cat-colpos
tag biblioteca
region America del Norte
libraryname Departamento de documentación y biblioteca de COLPOS
language eng
topic Business.
Operations research.
Decision making.
Business and Management.
Operation Research/Decision Theory.
Business.
Operations research.
Decision making.
Business and Management.
Operation Research/Decision Theory.
spellingShingle Business.
Operations research.
Decision making.
Business and Management.
Operation Research/Decision Theory.
Business.
Operations research.
Decision making.
Business and Management.
Operation Research/Decision Theory.
Rapoport, Anatol. author.
SpringerLink (Online service)
Decision Theory and Decision Behaviour [electronic resource] : Normative and Descriptive Approaches /
description 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.
format Texto
topic_facet Business.
Operations research.
Decision making.
Business and Management.
Operation Research/Decision Theory.
author Rapoport, Anatol. author.
SpringerLink (Online service)
author_facet Rapoport, Anatol. author.
SpringerLink (Online service)
author_sort Rapoport, Anatol. author.
title Decision Theory and Decision Behaviour [electronic resource] : Normative and Descriptive Approaches /
title_short Decision Theory and Decision Behaviour [electronic resource] : Normative and Descriptive Approaches /
title_full Decision Theory and Decision Behaviour [electronic resource] : Normative and Descriptive Approaches /
title_fullStr Decision Theory and Decision Behaviour [electronic resource] : Normative and Descriptive Approaches /
title_full_unstemmed Decision Theory and Decision Behaviour [electronic resource] : Normative and Descriptive Approaches /
title_sort decision theory and decision behaviour [electronic resource] : normative and descriptive approaches /
publisher Dordrecht : Springer Netherlands : Imprint: Springer,
publishDate 1989
url http://dx.doi.org/10.1007/978-94-015-7840-0
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spelling KOHA-OAI-TEST:1978132018-07-30T23:24:03ZDecision Theory and Decision Behaviour [electronic resource] : Normative and Descriptive Approaches / Rapoport, Anatol. author. SpringerLink (Online service) textDordrecht : Springer Netherlands : Imprint: Springer,1989.engThis 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.I: Decisions Involving a Single Actor -- 1 Orders and Scales -- 2 Optimization -- 3 Decisions under Uncertainty -- 4 Decisions under Risk -- 5 Subjective Aspects of Risk -- 6 Multi-objective Decisions -- 7 Theory of Social Choice -- 8 Individual Psychology of Decision-making -- II: Non-Cooperative Games -- 9 Two-person Constant Sum Games -- 10 Some Topics in Continuous Games -- 11 Two-person Non-constant Sum Games -- 12 Psychological Pressures in Non-cooperative Games -- 13 Theory of Voting -- 14 Social Traps -- III: Collective Decisions -- 15 Two-person Cooperative Games -- 16 N-person Cooperative Games -- 17 The Allocation Problem -- 18 Indices of Power -- 19 Theories of Coalition Formation -- 20 Psychology of Collective Decision-making -- Concluding Remarks -- Appendix A Glossary of Symbols and Terms -- References.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.Business.Operations research.Decision making.Business and Management.Operation Research/Decision Theory.Springer eBookshttp://dx.doi.org/10.1007/978-94-015-7840-0URN:ISBN:9789401578400