Decision theory (Q5917761)

This is the third edition of the first volume of a well known two-volume textbook on prescriptive decision theory. The book is written essentially for students of economics and social sciences. This volume contains the foundations of decision theory: Decisions under certainty (part B), decisions under uncertainty (part C), decisions under risk (part D). Part D is the main topic. Among others there are chapters on the Bernoulli-criterion, on subjective probabilities, multiperiod decision making, simplification of decision models.