[DOWNLOAD] "Rational Choice Using Imprecise Probabilities and Utilities" by Paul Weirich * Book PDF Kindle ePub Free
eBook details
- Title: Rational Choice Using Imprecise Probabilities and Utilities
- Author : Paul Weirich
- Release Date : January 25, 2021
- Genre: Science & Nature,Books,
- Pages : * pages
- Size : 4649 KB
Description
An agent often does not have precise probabilities or utilities to guide resolution of a decision problem. I advance a principle of rationality for making decisions in such cases. To begin, I represent the doxastic and conative state of an agent with a set of pairs of a probability assignment and a utility assignment. Then I support a decision principle that allows any act that maximizes expected utility according to some pair of assignments in the set. Assuming that computation of an option's expected utility uses comprehensive possible outcomes that include the option's risk, no consideration supports a stricter requirement.