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Obituary

Dennis G Fryback

in A Science of Decision Making: The Legacy of Ward Edwards

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195322989
eISBN:
9780199869206
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195322989.003.0037
Subject:
Psychology, Cognitive Psychology

This chapter presents an obituary for Ward Edwards. Ward Edwards is considered the father of behavioral decision theory. He authored or co-authored four books and over 200 journal articles.


Microeconomic Theory: A Concise Course

James Bergin

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199280292
eISBN:
9780191602498
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199280290.001.0001
Subject:
Economics and Finance, Microeconomics

Covers a standard range of topics in microeconomics theory. These include decision theory, strategic and extensive form games, the economics of information, bargaining, principal agent problems, ... More


Dynamic Decision Theory and Probabilistic Information Processing

Jie W Weiss and David J Weiss

in A Science of Decision Making: The Legacy of Ward Edwards

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195322989
eISBN:
9780199869206
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195322989.003.0004
Subject:
Psychology, Cognitive Psychology

This chapter reviews ideas and work done or in progress which seem to indicate where basic research on human decision processes is going. These ideas have two closely related foci: dynamic decision ... More


Realistic Decision Theory: Rules for Nonideal Agents in Nonideal Circumstances

Paul Weirich

Published in print:
2004
Published Online:
November 2004
ISBN:
9780195171259
eISBN:
9780199834976
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/019517125X.001.0001
Subject:
Philosophy, Logic/Philosophy of Mathematics

Decision theory aims at a general account of rationality covering humans but to begin makes idealizations about decision problems and agents' resources and circumstances. It treats inerrant agents ... More


Obituary

David J Weiss and James Shanteau

in A Science of Decision Making: The Legacy of Ward Edwards

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195322989
eISBN:
9780199869206
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195322989.003.0039
Subject:
Psychology, Cognitive Psychology

Following on from the previous two chapters presents an obituary for Ward Edwards. Ward's 1954 paper in the Psychological Bulletin introduced decision making as a research topic for psychologists. He ... More


The Problem of Infinite Utilities

Jeff Jordan

in Pascal's Wager: Pragmatic Arguments and Belief in God

Published in print:
2006
Published Online:
January 2007
ISBN:
9780199291328
eISBN:
9780191710698
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199291328.003.0004
Subject:
Philosophy, Philosophy of Religion

Pascal's Wager employed infinite utilities, but standard decision theory is incompatible with infinite utilities. In this chapter, the consequences of restricting the Wager to finite utilities are ... More


Everettian Statistical Inference

David Wallace

in The Emergent Multiverse: Quantum Theory according to the Everett Interpretation

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199546961
eISBN:
9780191741418
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199546961.003.0008
Subject:
Philosophy, Philosophy of Science, Metaphysics/Epistemology

This chapter extends chapter 5's formal proof into a general discussion of how we should assess evidence — and, in particular, how we should test scientific theories — given the possibility that ... More


Subjective Probabilities Inferred from Decisions

Jie W Weiss and David J Weiss

in A Science of Decision Making: The Legacy of Ward Edwards

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195322989
eISBN:
9780199869206
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195322989.003.0005
Subject:
Psychology, Cognitive Psychology

This chapter shows that if the subjective probabilities of a set of events of which one must happen and not more than one can happen must add up to a specified constant (usually taken as one for ... More


Pascal's Wager

Jeff Jordan

in Pascal's Wager: Pragmatic Arguments and Belief in God

Published in print:
2006
Published Online:
January 2007
ISBN:
9780199291328
eISBN:
9780191710698
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199291328.003.0001
Subject:
Philosophy, Philosophy of Religion

Six kinds of Pascal's Wager are explored via a look at decision theory and the logic of pragmatic arguments. Of these six, one version dubbed ‘the Jamesian Wager’, in honour of William James's ... More


Following the Rules: Practical Reasoning and Deontic Constraint

Joseph Heath

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195370294
eISBN:
9780199871230
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195370294.001.0001
Subject:
Philosophy, Logic/Philosophy of Mathematics

This book attempts to show how rule-following can be understood as an essential element of rational action. The first step involves showing how rational choice theory can be modified to incorporate ... More


Decision Theory and Human Behavior

Herbert Gintis

in The Bounds of Reason: Game Theory and the Unification of the Behavioral Sciences

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691160849
eISBN:
9781400851348
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691160849.003.0001
Subject:
Sociology, Economic Sociology

This chapter begins by describing the beliefs, preferences, and constraints (BPC) model of the rational actor. It develops a set of behavioral properties that together will ensure the modeling of ... More


Policy Dilemmas

Giandomenico Majone

in Dilemmas of European Integration: The Ambiguities and Pitfalls of Integration by Stealth

Published in print:
2005
Published Online:
February 2006
ISBN:
9780199274307
eISBN:
9780191603310
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199274304.003.0006
Subject:
Political Science, European Union

Under the Community method, policy is largely the by-product of actions undertaken to advance the integration process or to preserve institutional balance, rather than to solve concrete problems ... More


Knowledge, Bets, and Interests

Brian Weatherson

in Knowledge Ascriptions

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199693702
eISBN:
9780191741265
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199693702.003.0004
Subject:
Philosophy, Philosophy of Language, Metaphysics/Epistemology

This chapter argues that the interest-relativity of knowledge cannot be explained by the interest-relativity of belief. The discussion starts with an argument that knowledge plays a key pair of roles ... More


Instrumental Rationality

Joseph Heath

in Following the Rules: Practical Reasoning and Deontic Constraint

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195370294
eISBN:
9780199871230
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195370294.003.0002
Subject:
Philosophy, Logic/Philosophy of Mathematics

This chapter examines how the consequentialism postulate, namely, the view that actions are valued only for the sake of their consequences, came to be enshrined in modern rational choice theory. It ... More


Economic theory and Psychological Data: Bridging the Divide

ANDREW CAPLIN

in The Foundations of Positive and Normative Economics: A Hand Book

Published in print:
2008
Published Online:
October 2011
ISBN:
9780195328318
eISBN:
9780199851768
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328318.003.0015
Subject:
Economics and Finance, Economic History

As models are often subjected to empirical testing to evaluate their ability to predict economically sound choices, these models are also solved by means of using optimization measures that are ... More


Symmetry, Rationality, and the Born Rule

David Wallace

in The Emergent Multiverse: Quantum Theory according to the Everett Interpretation

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199546961
eISBN:
9780191741418
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199546961.003.0007
Subject:
Philosophy, Philosophy of Science, Metaphysics/Epistemology

Building on work originally carried out by David Deutsch, the chapter develops a mathematically rigorous framework for discussing the quantum probability rule in terms of the preferences between ... More


Choice and Process: Theory Ahead of Measurement

JESS BENHABIB and ALBERTO BISIN

in The Foundations of Positive and Normative Economics: A Hand Book

Published in print:
2008
Published Online:
October 2011
ISBN:
9780195328318
eISBN:
9780199851768
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328318.003.0014
Subject:
Economics and Finance, Economic History

Because the traditional method of decision theory accounts only for explaining choice instead of also looking into the process that underlies choice, other approaches such as behavioral economics and ... More


Realistic Standards for Decisions

Paul Weirich

in Realistic Decision Theory: Rules for Nonideal Agents in Nonideal Circumstances

Published in print:
2004
Published Online:
November 2004
ISBN:
9780195171259
eISBN:
9780199834976
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019517125X.003.0001
Subject:
Philosophy, Logic/Philosophy of Mathematics

Decision theory is multidisciplinary. Philosophical decision theory formulates principles of rationality for decisions. Its principles treat primarily instrumental rationality and cover both ... More


Many Worlds? An Introduction

Simon Saunders

in Many Worlds?: Everett, Quantum Theory, and Reality

Published in print:
2010
Published Online:
September 2010
ISBN:
9780199560561
eISBN:
9780191721380
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199560561.003.0001
Subject:
Philosophy, Metaphysics/Epistemology, Philosophy of Science

This introductory chapter summarizes the principal positive theses of the book (Section 1), namely, that the unitary evolution of the quantum state, for sufficiently large systems of particles in ... More


Prisoners' Dilemma Is a Newcomb Problem

David Lewis

in Philosophical Papers Volume II

Published in print:
1987
Published Online:
November 2003
ISBN:
9780195036466
eISBN:
9780199833399
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195036468.003.0011
Subject:
Philosophy, General

This paper argues that, considered as puzzles about rationality, the Prisoners’ Dilemma and Newcomb's Problem are essentially one and the same problem.


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