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Decision Theory and Decision Behaviour

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Management number 232066683 Release Date 2026/06/18 List Price US$46.05 Model Number 232066683
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The book treats two approaches to decision theory: (1) the normative, purporting to determine how a 'perfectly rational' actor ought to choose among available alternatives; (2) the descriptive, based on observations of how people actually choose in real life and in laboratory experiments. The mathematical tools used in the normative approach range from elementary algebra to matrix and differential equations. Sections on different levels can be studied independently. Special emphasis is made on 'offshoots' of both theories to cognitive psychology, theoretical biology, and philosophy. Read more

ISBN10 0333681479
ISBN13 978-0333681473
Edition 2nd
Language English
Publisher Palgrave Macmillan
Dimensions 5.75 x 1.5 x 8.75 inches
Item Weight 1.55 pounds
Print length 486 pages
Publication date January 28, 1998

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