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Rational Decisions (The Gorman Lectures)
Rational Decisions - The Gorman Lectures
Author: Ken Binmore
It is widely held that Bayesian decision theory is the final word on how a rational person should make decisions. However, Leonard Savage--the inventor of Bayesian decision theory--argued that it would be ridiculous to use his theory outside the kind of small world in which it is always possible to "look before you leap." If taken seriously, thi...  more »
ISBN-13: 9780691130743
ISBN-10: 0691130744
Publication Date: 12/29/2008
Pages: 224
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Publisher: Princeton University Press
Book Type: Hardcover
Other Versions: Paperback
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