Mark J Machina

Beliefs, Interactions and Preferences: in Decision Making - Theory and Decision Library B Mark J Machina Softcover reprint of hardcover 1st ed. 1999 edition

Marc Notes: Conference proceedings.; Originally published: New York: Kluwer Academic, 1999.;'Beliefs, Interactions and Preferences in Decision Making' addresses some of the questions that have recently emerged in the research on decision-making and risk theory. This book covers existing theory, the development of interactions between individuals and their environment, and real-world problems. Table of Contents: Introduction to the Volume. Part 1: Individual Decision Under Risk and Uncertainty. Subjectively Expected State-Dependent Utility on State-Dependent Consequence Domains; P. J. Hammond. Risk and Uncertainty Aversion on Certainty Equivalent Functions; A. Montesano. The State-Contingent Approach to Risk Premiums and Comparative Statics in Generalised Expected Utility Theory; J. Quiggin, R. G. Chambers. The Preservation of Comparative Statics Under Uncertainty; E. E. Schlee. Part 2: Interaction, Information and Beliefs. Non-Additive Beliefs: From Decision to Game Theory; H. Haller. A Positive Value of Information for a Non-Bayesian Decision-Maker; A. Chassagnon, J.-C. Vergnaud. Preference Summaries for Stochastic Tree Rollback; G. B. Hazen, J. Sounderpandian. Do We Really Need Numerous Observations to Select Candidates? (the D-Day Theorem); A. Billot. Education Signalling and Uncertainty; J. Eichberger, D. Kelsey. Self-Awareness, Uncertainty and Markets with Overconfidence; H. K. Hvide. Part 3: Interaction and Rationality. Combinatoric and Geometric Aspects of Some Probabilistic Choice Models - A Review; J.-P. Doignon, et al. Probabilistic Interactions Among Players of a Cooperative Game; M. Grabisch, M. Roubens. Arbitrage, Incomplete Models, and Other People's Brains; R. Nau. Part 4: Experimental Research. Changing Decision Rules: Uncovering Behavioral Strategies Using Estimation/Classification (EC); M. A. El Gamal, D. M. Grether. The Intertemporal Choice Triangle; B. Sopher, G. Gigliotti. Testing the Effects of Similarity and Real Payoffs on Choice; D. Buschena, D. Zilberman. How Consistent are Probability Tradeoffs in Individual Preferences Under Risk?M. Abdellaoui, B. Munier. Part 5: Applications to Industry and Finance. Symmetrical Monotone Risk Aversion and Positive Bid-Ask Spreads; M. Abouda, A. Chateauneuf. Time Resolution and Asymmetric Information: An Application to Financial Markets; D. Ami. The Pricing of Optimal Insurance Policies; J. Mayer, M. B. Ormiston. Multi-Attribute Decision Making and Generalized Expected Utility in Nuclear Power Plant Maintenance; F. Beaudouin, et al. Index. Publisher Marketing: 'Beliefs, Interactions and Preferences in Decision Making' addresses some of the questions that have recently emerged in the research on decision-making and risk theory. This book covers existing theory, the development of interactions between individuals and their environment, and real-world problems.