Titlebook: Acting under Uncertainty; Multidisciplinary Co George M. Furstenberg Book 1990 Springer Science+Business Media Dordrecht 1990 calculus.deci

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https://doi.org/10.1007/978-3-663-04247-1ledge is always far less certain than the statistical measures lead us to believe. The basis for this claim will be a review of the mutual relationship of the three concepts that are fundamental for all prediction.

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Schriften der Universität Heidelbergtatement of probability and magnitude that is assumed to be the stimulus for human responses. This paper advocates a radically different approach in suggesting that the key to understanding perception, communication, and management of technological risk lies in understanding how various institutiona

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https://doi.org/10.1007/978-3-642-51974-1ims at a deep understanding of human nature, critiques, grounds, and urges revisions of human practices. It studies our place in the world; it assesses our ways of coping with uncertainty, and the limits of our abilities to attain some measure of certainty. Here we reflect on the practice of moralit

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https://doi.org/10.1007/978-3-7091-9990-9t to explain was risk aversion. Bernoulli rested the major burden of his explanation on the idea that wealth has diminishing marginal utility. An alternative explanation for risk aversion can be found in the idea that decision makers pay differential attention to the best and worst outcomes in gambl

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Versuche mit Stahlzellendecken, process—a learning scheme—whereby agents accumulate information. However, in models where learning is specified explicitly, a number of difficult and unsolved problems remain. This paper reviews these problems in detail, examining four recent models of agent learning according to a taxonomy of issu

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https://doi.org/10.1007/978-3-7091-9990-9ays be avoided, while vagueness represents a state of mind given available information and is sometimes necessarily present. Vagueness, however, is different from probability; the former refers to imprecision in meaning and the latter to the chances that an event or a state of the world will occur o