Luck Theory - A Philosophical Introduction to the Mathematics of Luck

This book is an original-the first-ever treatment of the mathematics of Luck. Setting out from the principle that luck can be measured by the gap between reasonable expectation and eventual realization, the book develops step-by-step a mathematical theory that accommodates the entire range of our pre-systematic understanding of the way in which luck functions in human affairs. In so moving from explanatory exposition to mathematical treatment, the book provides a clear and accessible account of the way in which luck assessment enters into the calculations of rational decision theory.

List of contents

1. Chancy Outcome Situation.- 2. Outcome Luck Assessment and the Luck Equation.- 3. Variant Approaches to Luck.- 4. Some Illustrative Examples.- 5. Luck in Success/Failure Situations.- 6. Basic Luck Theorems.- 7. Luck and Risk.- 8. Managing Luck.

About the author

Nicholas Rescher: Distinguished University Professor of Philosophy; Former President: American Philosophical Association, American Catholic Philosophical Association, American Philosophical Society. Member American Academy of Arts and Sciences, Royal Society of Canada; Academie Europaea; Cardinal Mercier Medalist; Aquinas Medalist; Helmholtz Medalist of the German Academy of Sciences (Berlin-Brandenburg).

Product details

• Authors: Nicholas Rescher
• Publisher: Springer, Berlin
• Languages: English
• Product format: Hardback
• Released: 26.03.2021
• EAN: 9783030637798
• ISBN: 978-3-0-3063779-8
• No. of pages: 90
• Dimensions: 155 mm x 12 mm x 235 mm
• Illustrations: XXXIII, 90 p. 56 illus.
• Series: Logic, Argumentation & Reasoning
• Subjects: Humanities, art, music > Philosophy > Miscellaneous; Non-fiction book > Philosophy, religion > Miscellaneous