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Paperback Decision Theory and Decision Behaviour Book

ISBN: 1349399884

ISBN13: 9781349399888

Decision Theory and Decision Behaviour

The book treats two approaches to decision theory: (1) the normative, purporting to determine how a 'perfectly rational' actor ought to choose among available alternatives; (2) the descriptive, based on observations of how people actually choose in real life and in laboratory experiments. The mathematical tools used in the normative approach range from elementary algebra to matrix and differential equations. Sections on different levels can be studied...

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Format: Paperback

Condition: New

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