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Richard Bradley, Decision Theory with a Human Face

2019, Œconomia

AI-generated Abstract

Richard Bradley's "Decision Theory with a Human Face" offers a comprehensive examination of the Bolker-Jeffrey (BJ) approach to decision-making. The book critiques traditional decision theories and advocates for a Bayesian model centered on maximizing expected utility. It discusses various forms of uncertainty and decision criteria, emphasizing the relevance of conditional propositions. While the book presents a rigorous synthesis of BJ theory, its formalism may challenge skeptics of the approach.