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  3. Decision Space
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    • Publisher:
      Cambridge University Press
      Publication date:
      July 2009
      August 2001
      ISBN:
      9780511498602
      9780521800099
      9780521038034
      DOI:
      https://doi.org/10.1017/CBO9780511498602
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.529kg, 288 Pages
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.436kg, 288 Pages
      • Series:
      Cambridge Studies in Probability, Induction and Decision Theory
      Subjects:
      Philosophy of Science, Philosophy
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    Series:
    Cambridge Studies in Probability, Induction and Decision Theory
    Subjects:
    Philosophy of Science, Philosophy
    Information

    Book description

    In Decision Space: Multidimensional Utility Analysis, first published in 2001, Paul Weirich increases the power and versatility of utility analysis and in the process advances decision theory. Combining traditional and novel methods of option evaluation into one systematic method of analysis, multidimensional utility analysis is a valuable tool. It provides formulations of important decision principles, such as the principle to maximize expected utility; enriches decision theory in solving recalcitrant decision problems; and provides in particular for the cases in which an expert must make a decision for a group of people. The multiple dimensions of this analysis create a decision space broad enough to accommodate all factors affecting an option's utility. The book will be of interest to advanced students and professionals working in the subject of decision theory, as well as to economists and other social scientists.

    Reviews

    "Paul Weirich has written an ambitious book that deserves the serious attention of anyone interested in rational choice theory... an important and welcome contribution to the literature..." Ethics

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