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Choices: An Introduction to Decision Theory 1st Edition

by Michael Resnik (Author)
2.8 out of 5 stars 5 customer reviews
ISBN-13: 978-0816614400
ISBN-10: 0816614407
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Product Details

  • Paperback: 240 pages
  • Publisher: Univ Of Minnesota Press; 1 edition (June 15, 1987)
  • Language: English
  • ISBN-10: 0816614407
  • ISBN-13: 978-0816614400
  • Product Dimensions: 6 x 0.6 x 9 inches
  • Shipping Weight: 11.2 ounces (View shipping rates and policies)
  • Average Customer Review: 2.8 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #929,120 in Books (See Top 100 in Books)

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Customer Reviews

Top Customer Reviews

4.0 out of 5 starsGood course-accompanying textbook
By komkon2 on November 4, 2008
Format: Paperback
On its 216 or so pages, Resnik's book covers most themes of modern decision theory: decisions under uncertainty, under risk (with separate chapters on probability theory and the concepts of utility), game theory, and social choice theory. The book is clearly written and manages a good balance between the formal (probability calculus, techniques, proofs of major theorems) and the more philosophical discussions of underlying concepts and well-known paradoxes. Each of the six, 20-40 pages long chapters is divided into sections no longer than 3,4 pages, and each section closes with exercises (solutions not provided). Given about two sessions per chapter, the book is well suited as course material for undergraduate courses in philosophy, economics or statistics. This is also how I learned to know it.

Returning to the book in preparation for an exam, I could not help to notice a few flaws. First, the book is now quite old (1987). It lacks a detailed discussion of preference relations and choice functions (e.g. Sen's conditions alpha, beta, gamma, the limit assumption), and there is also no part on backward induction in games that has become so fashionable. There are some excentricities, like that the "battle of the sexes" problem is rephrased in more "appropriate" terms, and it would be nice to have more historical background for the paradoxes (but you can easily look those up with a search engine). In the later chapters, specially the final one on social choice, the author goes through heaps of heavily formal constructions, and while earlier such constructions were carefully explained using graphics and everyday life examples, the reader is now asked in the exercises to invent his own graphs, prove important theorems etc.Read more ›
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5.0 out of 5 starsA surprising book
By Atheen on July 23, 2000
Format: Paperback
I have to admit, this wasn't a book I thought I'd read, but I came across it in a college library, glanced through it and ultimately later decided to buy and read it. I was surprised at the odd ways that decisions are made by everyday people, and the misconceptions upon which those decisions are made. Once explained, the reality of some premises was quite clear, and I could even see where I myself had been led astray in my own decision making on more than one occasion. This is a clearly written work that even the average reader will understand and appreciate.
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3.0 out of 5 starsAn easy way for the game theory
By Edoardo Angeloni on February 11, 2012
Format: Paperback Verified Purchase
The author talks longer about the decision theory, particullary in two different context, related to the utility and the probability.
The formalism is no hard, also we have an approach which considers the traditional questions, therefore he uses the axioms for a theory more apted to the applications. A particular attention must be related to the Arrow theorem, what is descript with many details for the proof,connecting that with the Harsanyi position.
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1.0 out of 5 starswaste of money
By critic on October 29, 2011
Format: Paperback Verified Purchase
not enough description of the content of the book. I feel like cheated. the entire book is about theory. but choice is an actual action. I was expecting there can be some real-life/historical examples...
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1.0 out of 5 starsChoices (Irrational) would be a better title.
By S. Zheng on September 9, 2009
Format: Paperback
A poorly written book with many logical flaws. Used it for a decision theory class and many lectures were spent fighting over the validity of the arguments in this book. There certainly are better (rational) books on decision theory.
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