Making Decisions Book + PRICE WATCH * Amazon pricing is not included in price watch

Making Decisions Book

This book looks at the problems involved in decision-making and argues that there is only one logical way to make a decision. By the use of three basic principles - assigning probabilities to the uncertain events; assigning utilities to the possible consequences and choosing that decision that maximises expected utility - decisions can be reached more efficiently and with less disagreement. It shows that only maximisation of expected utility leads to sensible decision-making.Read More

from£7.95 | RRP: £7.95
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  • 0471537853
  • 9780471537854
  • DV LINDLEY
  • 1 January 1971
  • John Wiley & Sons
  • Paperback (Book)
  • 206
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