Taking Chances by Jordan Howard Sobel

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Taking Chances by Jordan Howard Sobel

J. Howard Sobel has long been recognized as an important figure in philosophical discussions of rational decision. He has done much to help formulate the concept of causal decision theory. In this volume of essays Sobel explores the Bayesian idea that rational actions maximize expected values, where an action's expected value is a weighted average of its agent's values for its possible total outcomes. Newcomb's Problem and The Prisoner's Dilemma are discussed, and Allais-type puzzles are viewed from the perspective of causal world Bayesianism. The author establishes principles for distinguishing options in decision problems, and studies ways in which perfectly rational causal maximizers can be capable of resolute choices. Sobel also views critically Gauthier's revisionist ideas about maximizing rationality. This collection will be a desideratum for anyone working in the field of rational choice theory, whether in philosophy, economics, political science, psychology or statistics. Howard Sobel's work in decision theory is certainly among the most important, interesting and challenging that is being done by philosophers.
"..there is a profound unity throughout the volume and the analysis is always first-rate....I sincerely hope that this book will be widely read..." Maurice Salles, Mathematical Reviews
"Spotting a rational choice is sometimes mercifully easy. Read this book. I guarantee a hefty payoff. Taking a chance on Taking Chances is taking no chance at all." Mark Vorobej, Canadian Philosophical Review
"Sobel is one of philosophy's leading experts on decision theory. How nice to have a collection of his contributions! These essays, mostly written during the last ten years, provide an excellent survey of current research in the field....Sobel's book is a cornucopia of insights about rational choice." Ethics
Jordan Howard Sobel, PhD, is Professor Emeritus of Philosophy at the University of Toronto Scarborough, Canada. Dr. Sobel has made major contributions to the literature on moral theory, particularly the works of David Hume, and he has also published extensively in his areas of teaching and research interest, which include logic, philosophical logic, probability, games and decisions, ethics, metaphysics, and the philosophy of religion.
SKU Unavailable
ISBN 13 9780521416351
ISBN 10 0521416353
Title Taking Chances
Author Jordan Howard Sobel
Series Cambridge Studies In Probability Induction And Decision Theory
Condition Unavailable
Binding Type Hardback
Publisher Cambridge University Press
Year published 1994-04-29
Number of pages 390
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.