Rational Decision And Causality
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Rational Decision and Causality
Author: Ellery Eells
language: en
Publisher: Cambridge University Press
Release Date: 2016-08-26
This book is Ellery Eells' influential examination and analysis of theories of rational decision making.
Rational Decision and Causality
Author: Ellery Eells
language: en
Publisher: Cambridge University Press
Release Date: 2016-08-26
First published in 1982, Ellery Eells' original work on rational decision making had extensive implications for probability theorists, economists, statisticians and psychologists concerned with decision making and the employment of Bayesian principles. His analysis of the philosophical and psychological significance of Bayesian decision theories, causal decision theories and Newcomb's paradox continues to be influential in philosophy of science. His book is now revived for a new generation of readers and presented in a fresh twenty-first-century series livery, including a specially commissioned preface written by Brian Skyrms, illuminating its continuing importance and relevance to philosophical enquiry.
Rational Decision and Causality
Author: Ellery Eells
language: en
Publisher: Cambridge University Press
Release Date: 1982-09-02
In past years, the traditional Bayesian theory of rational decision making, based on subjective calculations of expected utility, has faced powerful attack from philosophers such as David Lewis and Brian Skyrms, who advance an alternative causal decision theory. The test they present for the Bayesian is exemplified in the decision problem known as 'Newcomb's paradox' and in related decision problems and is held to support the prescriptions of the causal theory. As well as his conclusions, the concepts and methods of Professor Eells introduces in the course of his analyses have extensive implications, not solely for probability theorists narrowly conceived, but for economists, statisticians and psychologists concerned with decision making and the employment of Bayesian principles. They and their students will, in addition, find the early chapters of great use as a background and introduction to the subject as a whole.