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Analogies and Theories: Formal Models of Reasoning (Lipsey Lectures)

Itzhak Gilboa, Larry Samuelson, David Schmeidler




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 | #2395205 in eBooks |  2015-05-14 |  2015-05-14 | File type: PDF

||About the Author||Itzhak Gilboa, Chair of Economic Theory and Decision Theory, Tel-Aviv University; AXA Chair of Decision Sciences, HEC, Paris,Larry Samuelson, A. Douglas Melamed Professor of Economics, Yale University,David Schmeidler, Pro

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
reason...

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