Decision Theory

The book covers basic and advanced modules in axiomatic decision theory, intended for graduate students and working researchers. It includes cover all the proofs of all axiomatic results being presented.

The book is intended to succeed classic references such as Fishburn (1970) and Kreps (1988), which are acclaimed for their mathematical completeness but getting older and need to be supplemented with more recent advancements. Although there are books on decision theory covering recent advancements, there is a need for a book that covers all the proofs in axiomatic analysis so that graduate school students can fully catch up with the field.

Covers basic and advanced modules in axiomatic decision theory, dealing with both risk/uncertainty and time Covers both individual and social decision in which risk/uncertainty and time are relevant Covers all the proofs in the axiomatic works

Autorentext

Takashi Hayashi is with Adam Smith Business School, University of Glasgow, Glasgow, UK.

Inhalt

Chapter 1 Preference and its representation.- Chapter 2 Revealed Preference.- Chapter 3 Choice with multiple components and separability.- Chapter 4 Decision under risk.- Chapter 5 Decision under uncertainty and subjective belief.- Chapter 6 Ambiguity of Belief.- Chapter 7 Updating belief and dynamic consistency.- Chapter 8 Intertemporal choice.- Chapter 9 Choice of opportunity.- Chapter 10 Information and Knowledge.- Chapter 11 Social decision making under uncertainty.- Chapter 12 Social decision making over time.