Binding: Paperback
Description: We make choices all the time - about trivial matters about how to spend our money about how to spend our time about what to do with our lives. And we are also constantly judging the decisions other people make as rational or irrational. But what kind of criteria are we applying when we say that a choice is rational? What guides our own choices especially in cases where we don't have complete information about the outcomes? What strategies should be applied in making decisions which affect a lot of people as in the case of government policy? This book explores what it means to be rational in all these contexts. It introduces ideas from economics philosophy and other areas showing how the theory applies to decisions in everyday life and to particular situations such as gambling and the allocation of resources. About THE Series: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket - sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts analysis perspective new ideas and enthusiasm to make interesting and challenging topics highly readable.
Title: Choice Theory: A Very Short Introduction
Author(s): Allingham Michael (Fellow And Senior Tutor At Magdalen College Oxford)
Publisher: Oxford University Press
Barcode: 9780192803030
Pages: 144 Pages, 5 Halftones, Numerous Figures
Publication Date: 11/28/2002
Series: Very Short Introductions
Category: Game Theory