Ken binmores new book on rational decisions is a superb up to date introduction to the now large and complex literature of this subject the touch is light but the examples and theorems are precise. Ken binmore and his heroine pandora manage to delve into some sort of quest for the hair splitting mathematical minutiae underlying decision making especially bayesian decision making without coming remotely close to discussing important issues of how one should make rational decisions in the real world. It is widely held that bayesian decision theory is the final word on how a rational person should make decisions however leonard savage the inventor of bayesian decision theory argued that it would be ridiculous to use his theory outside the kind of small world in which it is always possible to . Auto suggestions are available once you type at least 3 letters use up arrow for mozilla firefox browser alt up arrow and down arrow for mozilla firefox browser alt down arrow to review and enter to select. Rational decisions ebook written by ken binmore read this book using google play books app on your pc android ios devices download for offline reading highlight bookmark or take notes while you read rational decisions
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