Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download A Definition Of Subjective Probabilities With State Dependent Preferences full books in PDF, epub, and Kindle. Read online A Definition Of Subjective Probabilities With State Dependent Preferences ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : Edi Karni
Publisher :
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (753 download)
Download or read book A Definition of Subjective Probabilities with State-dependent Preferences written by Edi Karni and published by . This book was released on 1990 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edi Karni
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (255 download)
Download or read book On State Dependent Preferences and Subjective Probabilities written by Edi Karni and published by . This book was released on 1982 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edi Karni
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (753 download)
Download or read book Subjective Probabilities and Utility with Event-dependent Preferences written by Edi Karni and published by . This book was released on 1991 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mark Machina
Publisher : Newnes
ISBN 13 : 0444536868
Total Pages : 897 pages
Book Rating : 4.4/5 (445 download)
Download or read book Handbook of the Economics of Risk and Uncertainty written by Mark Machina and published by Newnes. This book was released on 2013-11-14 with total page 897 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. - Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance - Divides coverage between theoretical, empirical, and experimental findings - Makes the economics of risk and uncertainty accessible to scholars in fields outside economics
Author : Yutaka Nakamura
Publisher :
ISBN 13 :
Total Pages : 10 pages
Book Rating : 4.:/5 (13 download)
Download or read book State-Dependent Strength-of-Preference written by Yutaka Nakamura and published by . This book was released on 2015 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: When a utility function is state-dependent, ex ante preferences for acts cannot elicit unique subjective probabilities without auxiliary devices. This paper introduces ex-post strength-of-preferences for state-contingent decision outcomes. Then we prove that a consistency condition between ex ante preference and ex post strength-of-preference relations can separate utility and unique subjective state probabilities.
Author : Stanford University. Institute for Mathematical Studies in the Social Sciences
Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (466 download)
Download or read book Subjective Probabilities with State Independent Utilities on State Dependent Consequence Domains written by Stanford University. Institute for Mathematical Studies in the Social Sciences and published by . This book was released on 1987 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Peter P. Wakker
Publisher :
ISBN 13 :
Total Pages : 14 pages
Book Rating : 4.:/5 (459 download)
Download or read book Subjective probabilities for state dependent continuous utility written by Peter P. Wakker and published by . This book was released on 1985 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Salvador Barbera
Publisher : Springer Science & Business Media
ISBN 13 : 9780792381747
Total Pages : 714 pages
Book Rating : 4.3/5 (817 download)
Download or read book Handbook of Utility Theory written by Salvador Barbera and published by Springer Science & Business Media. This book was released on 1998 with total page 714 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standard rationality hypothesis implies that behaviour can be represented as the maximization of a suitably restricted utility function. This hypothesis lies at the heart of a large body of recent work in economics, of course, but also in political science, ethics, and other major branches of social sciences. Though the utility maximization hypothesis is venerable, it remains an area of active research. Moreover, some fundamental conceptual problems remain unresolved, or at best have resolutions that are too recent to have achieved widespread understanding among social scientists. The main purpose of the Handbook of Utility Theory is to make recent developments in the area more accessible. The editors selected a number of specific topics, and invited contributions from researchers whose work had come to their attention. Therefore, the list of topics and contributions is largely the editors' responsibility. Each contributor's chapter has been refereed, and revised according to the referees' remarks. This is the first volume of a two volume set, with the second volume focusing on extensions of utility theory.
Author : F. J. Anscombe
Publisher :
ISBN 13 :
Total Pages : 1 pages
Book Rating : 4.:/5 (227 download)
Download or read book A Definition of Subjective Probability written by F. J. Anscombe and published by . This book was released on 1962 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: Personal or subjective concept of probability is considered. Probabilities and utilities are defined in terms of a person's preferences, in so far as these preferences satisfy certain consistency assumpti ns. The person's probabilities are defined in terms of chances, by an extension of the von Ne mann-Morgenstern theory (Princeton Univ. Press 2nd ed.; Chap. 3 and Appendix, 1947). (Author).
Author : Mark J. Machina
Publisher : Springer Science & Business Media
ISBN 13 : 1475745923
Total Pages : 373 pages
Book Rating : 4.4/5 (757 download)
Download or read book Beliefs, Interactions and Preferences written by Mark J. Machina and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beliefs, Interactions and Preferences in Decision Making mixes a selection of papers, presented at the Eighth Foundations and Applications of Utility and Risk Theory (`FUR VIII') conference in Mons, Belgium, together with a few solicited papers from well-known authors in the field. This book addresses some of the questions that have recently emerged in the research on decision-making and risk theory. In particular, authors have modeled more and more as interactions between the individual and the environment or between different individuals the emergence of beliefs as well as the specific type of information treatment traditionally called `rationality'. This book analyzes several cases of such an interaction and derives consequences for the future of decision theory and risk theory. In the last ten years, modeling beliefs has become a specific sub-field of decision making, particularly with respect to low probability events. Rational decision making has also been generalized in order to encompass, in new ways and in more general situations than it used to be fitted to, multiple dimensions in consequences. This book deals with some of the most conspicuous of these advances. It also addresses the difficult question to incorporate several of these recent advances simultaneously into one single decision model. And it offers perspectives about the future trends of modeling such complex decision questions. The volume is organized in three main blocks: The first block is the more `traditional' one. It deals with new extensions of the existing theory, as is always demanded by scientists in the field. A second block handles specific elements in the development of interactions between individuals and their environment, as defined in the most general sense. The last block confronts real-world problems in both financial and non-financial markets and decisions, and tries to show what kind of contributions can be brought to them by the type of research reported on here.
Author : John Eatwell
Publisher : Springer
ISBN 13 : 1349205680
Total Pages : 330 pages
Book Rating : 4.3/5 (492 download)
Download or read book Utility and Probability written by John Eatwell and published by Springer. This book was released on 1990-02-23 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on utility and probability.
Author : Henry Ely Kyburg
Publisher :
ISBN 13 :
Total Pages : 278 pages
Book Rating : 4.:/5 (319 download)
Download or read book Studies in Subjective Probability written by Henry Ely Kyburg and published by . This book was released on 1980 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Truth and probability; Foresight: its logical laws, its subjective sources; The bases of probability; Subjective probability as the measure of a non-measurable set; The elicitation of personal probabilities; Probability: beware of falsifications; Probable knowledge.
Author : Satoshi Nakada
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)
Download or read book Subjective and Objective Probabilities in Representation of Preferences Under Uncertainty written by Satoshi Nakada and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dana Scott provides a necessary and sufficient condition for a given probability capacity can be decomposed into a unique additive probability and a unique strictly increasing distortion function. Given this result, we characterize a family of preferences defined over the lottery acts (the Anscombe-Aumann acts), which we call rank-dependent subjective expected utility (RDSEU): The Choquet expected utility (CEU) preferences where a probability capacity is decomposed into an additive probability and a distortion function, both of which are endogenously derived from the preference. Furthermore, we clarify the relationship between this family of preferences and the so-called probabilistically sophisticated (PS) preferences. Specifically, a decision maker's preference is represented by RDSEU if and only if it is represented by CEU on the Anscombe-Aumann acts and by PS when its domain is restricted to the Savage acts. Moreover, if, in addition, the RDSEU is representable by PS on the entire Anscombe-Aumann acts, it turns out that it must be a subjective expected utility (CEU) on the entire domain. We thus uncover how subjective and objective probabilities are different not only in their concepts but also in their implications for preference representation.
Author : Tamás Rudas
Publisher : SAGE
ISBN 13 : 1412927145
Total Pages : 489 pages
Book Rating : 4.4/5 (129 download)
Download or read book Handbook of Probability written by Tamás Rudas and published by SAGE. This book was released on 2008-02-21 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is a valuable reference guide for readers interested in gaining a basic understanding of probability theory or its applications in problem solving in the other disciplines." —CHOICE Providing cutting-edge perspectives and real-world insights into the greater utility of probability and its applications, the Handbook of Probability offers an equal balance of theory and direct applications in a non-technical, yet comprehensive, format. Editor Tamás Rudas and the internationally-known contributors present the material in a manner so that researchers of various backgrounds can use the reference either as a primer for understanding basic probability theory or as a more advanced research tool for specific projects requiring a deeper understanding. The wide-ranging applications of probability presented make it useful for scholars who need to make interdisciplinary connections in their work. Key Features Contains contributions from the international who's-who of probability across several disciplines Offers an equal balance of theory and applications Explains the most important concepts of probability theory in a non-technical yet comprehensive way Provides in-depth examples of recent applications in the social and behavioral sciences as well as education, business, and law Intended Audience This Handbook makes an ideal library purchase. In addition, this volume should also be of interest to individual scholars in the social and behavioral sciences.
Author : Paul Anand
Publisher : OUP Oxford
ISBN 13 : 0191608769
Total Pages : 608 pages
Book Rating : 4.1/5 (916 download)
Download or read book The Handbook of Rational and Social Choice written by Paul Anand and published by OUP Oxford. This book was released on 2009-01-15 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Rational and Social Choice provides an overview of issues arising in work on the foundations of decision theory and social choice over the past three decades. Drawing on work by economic theorists mainly, but also with contributions from political science, philosophy and psychology, the collection shows how the related areas of decision theory and social choice have developed in their applications and moved well beyond the basic models of expected utility and utilitarian approaches to welfare economics. Containing twenty-three contributions, in many cases by leading figures in their fields, the handbook shows how the normative foundations of economics have changed dramatically as more general and explicit models of utility and group choice have been developed. This is perhaps the first time these developments have been brought together in a manner that seeks to identify and make accessible the recent themes and developments that have been of particular interest to researchers in recent years. The collection will be of particular value to researchers in economics with interests in utility or welfare but it will also be of interest to any social scientist or philosopher interested in theories of rationality or group decision-making.
Author : Itzhak Gilboa
Publisher : Cambridge University Press
ISBN 13 : 052151732X
Total Pages : 216 pages
Book Rating : 4.5/5 (215 download)
Download or read book Theory of Decision Under Uncertainty written by Itzhak Gilboa and published by Cambridge University Press. This book was released on 2009-03-16 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability lead to two directions - first, similar behavioral definitions of more general theories, such as non-additive probabilities and multiple priors, and second, cognitive derivations based on case-based techniques.
Author : Robert J. Aumann
Publisher : MIT Press
ISBN 13 : 9780262011549
Total Pages : 806 pages
Book Rating : 4.0/5 (115 download)
Download or read book Collected Papers written by Robert J. Aumann and published by MIT Press. This book was released on 2000 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert Aumann's career in game theory has spanned over research - from his doctoral dissertation in 1956 to papers as recent as January 1995. Threaded through all of Aumann's work (symbolized in his thesis on knots) is the study of relationships between different ideas, between different phenomena, and between ideas and phenomena. When you look closely at one scientific idea, writes Aumann, you find it hitched to all others. It is these hitches that I have tried to study.
