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For quite some time, philosophers, economists, and statisticians have endorsed a view on rational choice known as Bayesianism. The work on this book has grown out of a feeling that the Bayesian view has come to dominate the academic com- nitytosuchanextentthatalternative, non-Bayesianpositionsareseldomextensively... Read Full Overview

1. Introduction, 2.Bayesian decision theory, 3. Choosing what to decide, 4. Indeterminate preference, 5. Utility, 6. Probability, 7. Expected utility, 8. Risk aversion, 9. Appendix: Proofs

For quite some time, philosophers, economists, and statisticians have endorsed a view on rational choice known as Bayesianism. The work on this book has grown out of a feeling that the Bayesian view has come to dominate the academic com- nitytosuchanextentthatalternative, non-Bayesianpositionsareseldomextensively... Read Full Overview