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Theory of decision under uncertainty
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ISBN: 9780521517324 9780521741231 0521741238 052151732X 9780511840203 1107779057 1107776643 0511840209 Year: 2009 Volume: 45 Publisher: Cambridge : Cambridge University Press,

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Abstract

This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability lead to two directions - first, similar behavioral definitions of more general theories, such as non-additive probabilities and multiple priors, and second, cognitive derivations based on case-based techniques.

Hard choices : decision making under unresolved conflict
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ISBN: 0521325277 0521386306 1139171968 9780521325271 9781139171960 Year: 1986 Publisher: Cambridge : Cambridge University Press,

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It is a commonplace that in making decisions agents often have to juggle competing values, and that no choice will maximise satisfaction of them all. However, the prevailing account of these cases assumes that there is always a single ranking of the agent's values, and therefore no unresolvable conflict between them. Isaac Levi denies this assumption, arguing that agents often must choose without having balanced their different values and that to be rational, an act does not have to be optimal, only what Levi terms 'admissible'. This book explores the consequences of denying the assumption and develops a general approach to decision-making under unresolved conflict. Professor Levi discusses conflicts of value in several domains - those arising in moral dilemmas, the drawing of scientific inferences, decisions taken under uncertainty, and in social choice. In each of these he adapts his theoretical framework, showing how conflict may often be reduced though not always altogether eliminated.

Rivalry : in business, science, among nations
Author:
ISBN: 0521385849 0521331870 0511559429 9780521331876 9780521385848 9780511559426 Year: 1987 Publisher: Cambridge : Cambridge University Press,

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Rivalry is an attempt to understand facets of entrepreneurial societies by integrating the economic analysis with historical, political and psychological considerations, customarily shunned by economists. The author argues that decisions to make new business ventures, and readiness to take risks are both related to concepts of ranking hierarchies on local, national or international levels. He then constructs a theory of business enterprise and of rivalry supported by evidence on entrepreneurship, innovation, advertising, all examined with their historical, political or organisational concerns. This notion of rivalry among businessmen is used to derive guidelines for anti-trust legislation. Instead of pricing, profitability, concentration ratios and other criteria used today to infer non-competitive behaviour, he suggests using a measure of a firm's relative rate of innovation to infer it. By extending the notion of rivalry to the political sphere, national and international, guidelines are derived to evaluate the performance of state-owned enterprises and to examine policies related to free trade.

Keywords

Bedrijfsorganisatie (Economische theorie) --- Besluitvorming --- Besluitvormingsanalyse --- Besluitvormingsprocessen --- Competition --- Concurrence --- Concurrentie --- Deciding --- Decision analysis --- Decision making --- Decision processes --- Decision-making --- Décision [Prise de ] --- Décision [Théorie de la ] --- Industrial organization (Economic theory) --- Making decisions --- Management decisions --- Management--Beslissingen --- Management--Besluitvorming --- Management--Decision making --- Mededinging --- Organisation des entreprises (Théorie économique) --- Prise de décision --- Risico --- Risk --- Risque --- Théorie de la décision --- 338.040 --- 338.047 --- 338.6 --- 380.22 --- AA / International- internationaal --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Industrial economics --- Market structure --- Microeconomics --- Decision (Psychology) --- Management --- Choice (Psychology) --- Problem solving --- Competition (Economics) --- Competitiveness (Economics) --- Economic competition --- Commerce --- Conglomerate corporations --- Covenants not to compete --- Industrial concentration --- Monopolies --- Open price system --- Supply and demand --- Trusts, Industrial --- Ondernemingen: algemeenheden --- Privé en openbare bedrijven. Openbare diensten. Gemengde economie --- Wetenschappelijk onderzoek en ontwikkeling --- Concurrentie. Monopolie, duopolie, oligopolie --- Economic aspects --- Organization theory --- Competition. --- Risk. --- Decision-making. --- Business, Economy and Management --- Decision making.

Equilibrium analysis
Authors: --- --- ---
ISBN: 0521304547 0521304555 0521327040 0521063795 0511983530 0521063868 0511983565 0521063825 0511983549 9780521327046 9780521304542 9780521304559 9780521736893 9780521063791 9780521063821 9780521063869 9780511983535 9780511983542 9780511983566 Year: 1986 Volume: 3 Publisher: Cambridge : Cambridge University Press,

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Professor Kenneth J. Arrow is one of the most distinguished economic theorists. He has played a major role in shaping the subject and is honoured by the publication of three volumes of essays on economic theory. Each volume deals with a different area of economic theory. The books include contributions by some of the best economic theorists from the United Stated, Japan, Israel and Europe. This second volume is entitled Equilibrium Analysis and is divided into sections on general equilibrium and on the microfoundations of macroeconomics.

Keywords

Public finance --- Social choice --- Decision Making --- Equilibrium (Economics) --- Macroeconomics --- Uncertainty --- Arrow, Kenneth Joseph, --- 330.1 --- Decision making --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management --- Management decisions --- Choice (Psychology) --- Problem solving --- Reasoning --- Choice, Social --- Collective choice --- Public choice --- Social psychology --- Welfare economics --- Economics --- Disequilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- Stagnation (Economics) --- Statics and dynamics (Social sciences) --- Economische grondbegrippen. Algemene begrippen in de economie --- Arrow, Kenneth Joseph --- 330.1 Economische grondbegrippen. Algemene begrippen in de economie --- Besluitvorming --- Besluitvormingsanalyse --- Besluitvormingsprocessen --- Choix collectif --- Collectieve keuze --- Decision-making --- Décision [Prise de ] --- Décision [Théorie de la ] --- Economisch evenwicht --- Equilibre (Economie) --- Equilibre économique --- Evenwicht (Economie) --- Incertitude --- Management--Beslissingen --- Management--Besluitvorming --- Management--Decision making --- Onzekerheid --- Prise de décision --- Théorie de la décision --- 330.35 --- 330.35 Economische groei. Kwantitatieve toename. Technische vooruitgang --zie ook {338.09} --- Economische groei. Kwantitatieve toename. Technische vooruitgang --zie ook {338.09} --- DGE (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- SDGE (Economic theory) --- Equilibre économique. --- Economisch evenwicht. --- Business, Economy and Management --- Arrow, Kenneth Joseph, - 1921-2017 --- Social choice. --- Decision making. --- Uncertainty. --- Macroeconomics. --- Arrow, Kenneth J. --- A-lo, Kʻen-ni-ssu, --- Aluo, Kennisi, --- Arrow, Kenneth, --- Arrow, K. J.

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