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Decision Space: Multidimensional Utility Analysis
Paperback / softback
Main Details
| Title |
Decision Space: Multidimensional Utility Analysis
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| Authors and Contributors |
By (author) Paul Weirich
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| Series | Cambridge Studies in Probability, Induction and Decision Theory |
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| Physical Properties |
| Format:Paperback / softback | | Pages:288 | | Dimensions(mm): Height 228,Width 152 |
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| Category/Genre | Probability and statistics |
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| ISBN/Barcode |
9780521038034
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| Classifications | Dewey:519.535 |
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| Audience | | Professional & Vocational | |
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| Illustrations |
34 Line drawings, unspecified
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Publishing Details |
| Publisher |
Cambridge University Press
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| Imprint |
Cambridge University Press
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| Publication Date |
19 July 2007 |
| Publication Country |
United Kingdom
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Description
In Decision Space: Multidimensional Utility Analysis, first published in 2001, Paul Weirich increases the power and versatility of utility analysis and in the process advances decision theory. Combining traditional and novel methods of option evaluation into one systematic method of analysis, multidimensional utility analysis is a valuable tool. It provides formulations of important decision principles, such as the principle to maximize expected utility; enriches decision theory in solving recalcitrant decision problems; and provides in particular for the cases in which an expert must make a decision for a group of people. The multiple dimensions of this analysis create a decision space broad enough to accommodate all factors affecting an option's utility. The book will be of interest to advanced students and professionals working in the subject of decision theory, as well as to economists and other social scientists.
Reviews"Paul Weirich has written an ambitious book that deserves the serious attention of anyone interested in rational choice theory... an important and welcome contribution to the literature..." Ethics
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