Analogies and Theories: Formal Models of Reasoning

Hardcover | June 14, 2015

byItzhak Gilboa, Larry Samuelson, David Schmeidler

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The book describes formal models of reasoning that are aimed at capturing the way that economic agents, and decision makers in general think about their environment and make predictions based on their past experience. The focus is on analogies (case-based reasoning) and general theories(rule-based reasoning), and on the interaction between them, as well as between them and Bayesian reasoning. A unified approach allows one to study the dynamics of inductive reasoning in terms of the mode of reasoning that is used to generate predictions.

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The book describes formal models of reasoning that are aimed at capturing the way that economic agents, and decision makers in general think about their environment and make predictions based on their past experience. The focus is on analogies (case-based reasoning) and general theories(rule-based reasoning), and on the interaction bet...

Itzhak Gilboa obtained a BSc in mathematics and computer science and a BA in economics. He studied mathematical economics with David Schmeidler and obtained his MA (1984) and his PhD (1987) in the field of decision theory. Gilboa's research focuses on decision under uncertainty, and has worked extensively with David Schmeidler on axio...

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Format:HardcoverDimensions:192 pages, 9.21 × 6.14 × 0.7 inPublished:June 14, 2015Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198738021

ISBN - 13:9780198738022

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Table of Contents

1. Introduction2. Inductive Inference: An Axiomatic Approach3. Subjectivity in Inductive Inference4. Dynamics of Inductive Inference in a Unified Framework5. Analogies and Theories: The Role of Simplicity and the Emergence of Norms6. The Predictive Role of Counterfactuals