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Fundamental Uncertainty

Name: Fundamental Uncertainty
Brand: PALGRAVE MACMILLAN
SKU: 04555562
Price: 118.1 EUR
Availability: InStock
Author: Silva Marzetti Dall'Aste Brandolini
ISBN: 9780230594272

Rationality and Plausible Reasoning

Silva Marzetti Dall'Aste Brandolini

Silva Marzetti Dall''aste Brandolini

R. Scazzieri

Language

English

Book Hardback

Libristo code: 04555562

Publishers PALGRAVE MACMILLAN, December 2010

The subject of decision theory under non-standard uncertainty has become increasingly pertinent in m... Full description

Libristo code: 04555562

288 b

118.10 €

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The subject of decision theory under non-standard uncertainty has become increasingly pertinent in many disciplines today. This volume provides a comprehensive assessment of the concepts and theories developed to deal with situations in which standard tools of decision theory cannot be used. It moves beyond the classical distinction between risk and uncertainty, and suggests that most problems involving strategic choices in the face of severe uncertainty involve a conceptual and methodological shift addressing the interface between quantitative and qualitative assessment. The volume takes an interdisciplinary approach and provides a coherent framework to explore fundamental uncertainty from the point of view of an extended conception of rationality. It examines topics, such as, rationality and commitment, weight of argument and probability structures, similarity theory, reasoning with natural languages, economic decisions and moral judgement in view of uncertain outcomes. This book is indispensable reading for all interested in behavioural economics and decision-making theory.