Decision theory as an aid to private choice

A wise decider D uses the contents of his mind fully, accurately and efficiently. D’s ideal decisions, i.e., those that best serve his interests, would be embedded in a comprehensive set of totally coherent judgments lodged in his mind. They would conform to the norms of statistical decision theory,...

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Bibliographic Details
Main Author: Rex V. Brown
Format: Article
Language:English
Published: Cambridge University Press 2012-03-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500003041/type/journal_article