Overview

This book tries to sort out the different meanings of uncertainty and to discover their foundations. It shows that uncertainty can be represented using various tools and mental guidelines. Coverage also examines alternative ways to deal with risk and risk attitude concepts. Behavior under uncertainty emerges from this book as something to base more on inquiry and reflection rather than on mere intuition.

Full Product Details

Author:   Mohammed Abdellaoui ,  R. Duncan Luce ,  Mark J. Machina ,  Bertrand Munier
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Edition:   Softcover reprint of hardcover 1st ed. 2007
Volume:   41
Dimensions:   Width: 15.50cm , Height: 1.60cm , Length: 23.50cm
Weight:   0.486kg
ISBN:  

9783642080296

ISBN 10:   3642080294
Pages:   308
Publication Date:   30 November 2010
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of print, replaced by POD  
We will order this item for you from a manufatured on demand supplier.

Table of Contents

Foundations.- Conjectures, Refutations and Discoveries: Incorporating New Knowledge in Models of Belief and Choice under Uncertainty.- When an Event Makes a Difference.- Countable Additivity and the Foundations of Bayesian Statistics.- On the Quantification and Decomposition of Uncertainty.- The Importance of Representational Tools in Understanding Behaviour Under Uncertainty and Risk.- Preference for Diversification with Similarity Considerations.- Uncertainty Improves the Second-Best.- Lorenz Meets Rating but Misses Valuation.- A Deeper Look at Hyperbolic Discounting.- The Assessment of Several Alternative Decision Rules.- “Take-the-Best” and Other Simple Strategies: Why and When They Work “Well” with Binary Cues.- On Generalized Secretary Problems.- Voting on Alternatives or on Criteria? The Meta-Decision on Group Decision Procedures.- Models of Risk Attitude Modelling and Methodological Issues.- Probabilistic Risk Analysis Versus Decision Analysis: Similarities, Differences and Illustrations.- A Conjoint Measurement Based Rationale for Inducing Preferences.- Active Search for Probability Information and Recall Performance: Is Probability an Outstanding Element in the Mental Representation of Risky Decisions?.- Evolutionary Analysis of Risk Attitudes in Competitive Bidding Environments Using Simulation.- Behavior in Risky Decisions: Focus on Risk Defusing.

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