A Theory of Case-Based Decisions (English, Itzhak Gilboa | David Schmeidler | Gilboa Itzhak)
by Itzhak Gilboa | David Schmeidler | Gilboa Itzhak
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About the Book
Gilboa and Schmeidler provide a new paradigm for modeling decision making under uncertainty. Case-based decision theory suggests that people make decisions by analogies to past cases: they tend to choose acts that performed well in the past in similar situations, and to avoid acts that performed poorly. The authors describe the general theory and its relationship to planning, repeated choice problems, inductive inference, and learning. They highl…
ISBN: 9780521802345
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