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Choice theory : a very short introduction

Author: Michael Allingham
Publisher: Oxford ; New York : Oxford University Press, 2002.
Series: Very short introductions, 71.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
"We make choices all the time - about trivial matters as well as important ones that affect our lives and those of others. We also constantly judge the decisions that other people make as rational or irrational. But what kind of criteria are we applying when we say that a choice is rational and what guides our own choices, especially in cases where we do not have complete information about the outcomes? What  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Michael Allingham
ISBN: 0192803034 9780192803030
OCLC Number: 50291149
Description: 127 p. : ill. ; 18 cm.
Contents: 1. Choice and desire --
2. Reason and rationality --
3. Racing and roulette --
4. Gambling and insurance --
5. Conflict and cooperation --
6. Democracy and dictatorship.
Series Title: Very short introductions, 71.
Responsibility: Michael Allingham.
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Abstract:

This book explores what it means to be rational in a variety of contexts, from personal decisions to those affecting large groups of people. It introduces ideas from economics, philosophy, and other  Read more...

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a spirited and efficient welcome for newcomers should brighten many minds already much immersed - make them newcomers again. Sydney Afriat, University of Siena

 
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schema:reviewBody""We make choices all the time - about trivial matters as well as important ones that affect our lives and those of others. We also constantly judge the decisions that other people make as rational or irrational. But what kind of criteria are we applying when we say that a choice is rational and what guides our own choices, especially in cases where we do not have complete information about the outcomes? What strategies should be applied in making decisions that affect lots of people, as in the case of government policy?" "This book explores what it means to be rational in all these contexts. It shows how the theory applies to particular situations, such as whether to undergo an operation if you are told that the mortality rate is 25 per cent, the relative advantages of 'first past the post' and proportional representation in elections, and whether a country should develop a nuclear capability when it knows that others face the same choice."--BOOK JACKET."
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