Analogies and Theories
Formal Models of Reasoning
Business & Finance, Economics, Econometrics, Finance & Investing, Finance
| Author: | Itzhak Gilboa, Larry Samuelson, David Schmeidler | ISBN: | 9780191057892 |
| Publisher: | OUP Oxford | Publication: | May 14, 2015 |
| Imprint: | OUP Oxford | Language: | English |
| Author: | Itzhak Gilboa, Larry Samuelson, David Schmeidler |
| ISBN: | 9780191057892 |
| Publisher: | OUP Oxford |
| Publication: | May 14, 2015 |
| Imprint: | OUP Oxford |
| Language: | English |
The book describes formal models of reasoning that are aimed at capturing the way that economic agents, and decision makers in general think about their environment and make predictions based on their past experience. The focus is on analogies (case-based reasoning) and general theories (rule-based reasoning), and on the interaction between them, as well as between them and Bayesian reasoning. A unified approach allows one to study the dynamics of inductive reasoning in terms of the mode of reasoning that is used to generate predictions.
The book describes formal models of reasoning that are aimed at capturing the way that economic agents, and decision makers in general think about their environment and make predictions based on their past experience. The focus is on analogies (case-based reasoning) and general theories (rule-based reasoning), and on the interaction between them, as well as between them and Bayesian reasoning. A unified approach allows one to study the dynamics of inductive reasoning in terms of the mode of reasoning that is used to generate predictions.
