Taking Chances: Essays on Rational Choice by Jordan Howard Sobel

Taking Chances: Essays on Rational Choice

Jordan Howard Sobel

390 pages first pub 1994 (view editions)

informative reflective medium-paced
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The essays in this book develop and explore 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. The author establishes prin...

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