{"product_id":"taking-chances-essays-on-rational-choice-hardback-9780521416351","title":"Taking Chances; Essays on Rational Choice (Hardback) 9780521416351","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eTaking Chances\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eEssays on Rational Choice\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eIn this volume of essays Sobel explores the Bayesian idea that rational actions maximize expected values.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJordan Howard Sobel (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521416351, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 29 April 1994\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e390 pages\u003cbr\u003e22.9 x 15.2 x 2.5 cm, 0.74 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"Sobel is one of philosophy's leading experts on decision theory.  How nice to have a collection of his contributions!  These essays, mostly written during the last ten years, provide an excellent survey of current research in the field....Sobel's book is a cornucopia of insights about rational choice.\"   Ethics\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eJ. Howard Sobel has long been recognized as an important figure in philosophical discussions of rational decision. He has done much to help formulate the concept of causal decision theory. In this volume of essays Sobel explores the Bayesian idea that rational actions maximize expected values, where an action's expected value is a weighted average of its agent's values for its possible total outcomes. Newcomb's Problem and The Prisoner's Dilemma are discussed, and Allais-type puzzles are viewed from the perspective of causal world Bayesianism. The author establishes principles for distinguishing options in decision problems, and studies ways in which perfectly rational causal maximizers can be capable of resolute choices. Sobel also views critically Gauthier's revisionist ideas about maximizing rationality. This collection will be a desideratum for anyone working in the field of rational choice theory, whether in philosophy, economics, political science, psychology or statistics. Howard Sobel's work in decision theory is certainly among the most important, interesting and challenging that is being done by philosophers.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePreface\u003cbr\u003e Part I. World Bayesianism: 1. Utility and the Bayesian paradigm\u003cbr\u003e Part II. Problems for Evidential Decision Theory: 2. Newcomblike problems\u003cbr\u003e 3. Not every prisoners' dilemma is a Newcomb problem\u003cbr\u003e 4. Some versions of Newcomb's problem are prisoners' dilemmas\u003cbr\u003e 5. Infallible predictors\u003cbr\u003e 6. Kent Bach on good arguments\u003cbr\u003e 7. Maximising and prospering\u003cbr\u003e Part III. Causal Decision Theory: 8. Notes on decision theory: old wine in new bottles\u003cbr\u003e 9. Partition theorems for causal decision theories\u003cbr\u003e 10. Expected utilities and rational actions and choices\u003cbr\u003e 11. Maximisation, stability of decision and actions in accordance with reason\u003cbr\u003e 12. Useful intentions\u003cbr\u003e Part IV. Interacting Causal Maximisers: 13. The need for coercion\u003cbr\u003e 14. Hyperrational games\u003cbr\u003e 15. Utility maximizers in iterated prisoners' dilemmas\u003cbr\u003e 16. Backward induction arguments: a paradox regained\u003cbr\u003e References\u003cbr\u003e Index of names.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Philosophy: logic [\u003ca title=\"See our other books on Philosophy: logic\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Philosophy:%20logic%20%5BHPL%5D%22\"\u003eHPL\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46007259529496,"sku":"9780521416351","price":101.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521416351_df70ea9e-3ed3-480f-969c-34932900b24b.gif?v=1691381374","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/taking-chances-essays-on-rational-choice-hardback-9780521416351","provider":"Freshly Printed Books","version":"1.0","type":"link"}