Cover image for Decision Space : Multidimensional Utility Analysis.
Decision Space : Multidimensional Utility Analysis.
Title:
Decision Space : Multidimensional Utility Analysis.
Author:
Weirich, Paul.
ISBN:
9780511155420
Personal Author:
Physical Description:
1 online resource (288 pages)
Series:
Cambridge Studies in Probability, Induction and Decision Theory
Contents:
Cover -- Half-title -- Series-title -- Title -- Copyright -- Dedication -- Contents -- Figures -- Preface -- 1 Objectives and Methods -- 1.1. MULTIDIMENSIONAL UTILITY ANALYSIS -- 1.1.1. Conjoint Utility Analyses -- 1.1.2. Precedents for Multidimensional Utility Analysis -- 1.2. VERIFICATION, JUSTIFICATION, AND VINDICATION -- 1.2.1. The Principle of Pros and Cons -- 1.2.2. Utilities and Decisions -- 1.3. IDEALIZATIONS -- 1.3.1. The Purpose of Idealizations -- 1.3.2. My Idealizations -- 1.4. EMPIRICISM IN DECISION THEORY -- 1.4.1. Empiricist Theories of Meaning -- 1.4.2. Contextualism's Advantages -- 1.4.3. Operationist and Contextualist Explanations -- 1.5. THE BOOK'S PLAN -- 2 Intrinsic Utility Analysis -- 2.1. INTRINSIC DESIRE AND AVERSION -- 2.1.1. Intrinsic Attitudes -- 2.1.2. Basic Intrinsic Attitudes -- 2.1.3. Conditional Intrinsic Attitudes -- 2.1.4. Complete Sets of Basic Intrinsic Attitudes -- 2.1.5. Principles Governing Intrinsic Attitudes -- 2.2. INTRINSIC UTILITIES OF WORLDS -- 2.2.1. Intrinsic Utility -- 2.2.2. A World's Intrinsic Utility -- 2.3. COMPREHENSIVE UTILITIES OF WORLDS -- 3 Expected Utility Analysis -- 3.1. DERIVATION FROM THE PRINCIPLE OF PROS AND CONS -- 3.2. A PRECISE FORMULATION OF EXPECTED UTILITY ANALYSIS -- 3.2.1. Options -- 3.2.2. States -- 3.2.3. Outcomes -- 3.2.4. Probability and Utility -- 3.2.5. Expected Utility Analysis Given Independence -- 3.A. APPENDIX: REPRESENTATION THEOREMS -- 3.A.1. Definition -- 3.A.2. Cognitive Power -- 3.A.3. Justification -- 4 Expected Utility's Promotion -- 4.1. OBJECTIONS -- 4.2. GENERALIZATION -- 4.2.1. Probabilities for the General Case -- 4.2.2. Utilities for the General Case -- 4.A. APPENDIX: ANALYSIS OF CONDITIONAL UTILITIES -- 5 Two-Dimensional Utility Analysis -- 5.1. INTRINSIC AND EXPECTED UTILITY ANALYSES COMBINED.

5.2. INTRINSIC UTILITY ANALYSIS OF COMPREHENSIVE UTILITIES -- 5.2.1. Certainty -- 5.2.2. Uncertainty -- 5.2.3. Chances for Realizations of BITs -- 5.3. PARTIAL UTILITY ANALYSIS -- 5.4. MEAN-RISK ANALYSIS OF UTILITIES -- 5.A. APPENDIX: HYBRIDS AND GENERALIZATION -- 5.A.1. Viable Hybrids -- 5.A.2. Generalization of Partial Utility Analysis -- 6 Group Utility Analysis -- 6.1. GROUP UTILITY ANALYSIS'S ROLE -- 6.2. GROUPS AS AGENTS -- 6.3. GROUP UTILITY -- 6.4. MULTIDIMENSIONAL GROUP UTILITY ANALYSIS -- 6.4.1. Expected and Group Utility Analyses -- 6.4.2. Intrinsic and Group Utility Analyses -- 6.4.3. Consistency -- 6.5. BARGAINING IN A POWER STRUCTURE -- 6.A. APPENDIX: WEIGHTED UTILITARIANISM, SOCIAL CHOICE, AND GAMES -- 6.A.1. Social Choice -- 6.A.2. Bargaining -- 6.A.3. Coalitions -- 6.A.4. Noncooperative Games -- 7 Application to Trustee Decisions -- 7.1. DECISIONS FOR OTHERS -- 7.2. A PROBLEM CREATED BY RISK -- 7.3. TRUSTEE DECISIONS WITH GROUPS -- 7.3.1. Clients That Are Groups -- 7.3.2. Trustees That Are Groups -- 7.3.3. An Illustration -- 7.4. THREE-DIMENSIONAL UTILITY ANALYSIS -- 8 Power and Versatility -- Appendix: Consistency of Calculations of Utilities -- A.1. APPROACHES TO CONSISTENCY -- A.2. EXPECTED UTILITY ANALYSIS WITH VARIOUS PARTITIONS -- A.3. EXPECTED AND INTRINSIC UTILITY ANALYSES -- A.4. PARTIAL AND CANONICAL UTILITY ANALYSES -- A.5. HYBRID FORMS OF UTILITY ANALYSIS -- A.6. EXPECTED, INTRINSIC, AND GROUP UTILITY ANALYSES -- References -- Index.
Abstract:
This book, first published in 2001, combines traditional and novel methods of option evaluation into one systematic and versatile method.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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