Rational Choice Using Imprecise Probabilities and Utilities

List of contents

1. Introduction; 2. Imprecision; 3. Rational imprecision; 4. Probabilism; 5. The expected-utility principle; 6. Norms for imprecise attitudes; 7. The permissive principle of choice; 8. Sequences of choices; 9. Choices in games of strategy; 10. Conclusion.

Summary

An agent often does not have precise probabilities or utilities to guide resolution of a decision problem. In this Element I advance a principle of rationality for making decisions in such cases.

Product details

• Authors: Paul Weirich, Paul (University of Missouri Weirich, Weirich Paul
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 25.02.2021
• EAN: 9781108713504
• ISBN: 978-1-108-71350-4
• No. of pages: 75
• Series: Elements in Decision Theory and Philosophy; Elements in Decision Theory an
• Subjects: Natural sciences, medicine, IT, technology > Natural sciences (general); Social sciences, law, business > Media, communication > Communication science; Philosophy, SCIENCE / Philosophy & Social Aspects, Philosophy of Science, Philosophy: logic, Decision theory: general