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Game Theory, Experience, Rationality
When von Neumann's and Morgenstern's Theory of Games and Economic Behavior appeared in 1944, one thought that a complete theory of strategic social behavior had appeared out of nowhere. However, game theory has, to this very day, remained a fast-growing assemblage of models which have gradually been united in a new social theory - a theory that is far from being completed even after recent advances in game theory, as evidenced by the work of the three Nobel Prize winners, John F. Nash, John C. Harsanyi, and Reinhard Selten. Two of them, Harsanyi and Selten, have contributed important articles to the present volume. This book leaves no doubt that the game-theoretical models are on the right t...
The Anther
Publisher Description
Acting under Uncertainty
Uncertainty could be associated with wisdom, enterprise, and discovery. In ordinary speech, however, it has mostly negative connotations. There is "fear of the unknown" and "ignorance is bliss;" there are maxims to the effect that "what you don't know doesn't hurt you" (or: "bother you") in several languages. This volume suggests that we need be bothered by the excessive confidence with which scientists, particularly social scientists, present some of their conclusions and overstate their range of application. Otherwise many of the questions that should be raised about all the major uncertainties attending a particular issue routinely may continue to be thwarted or suppressed. Down playing u...
The Methodological Unity of Science
The present volume collects some of the talks given at the Bertrand Russell Colloquium on Exact Philosophy, attached to the McGill University Foundations and Philosophy of Science Unit. It also includes a paper, on Bertrand Russell's method of philosophizing, read at the memorial symposium held at Sir Gorge Williams University shortly after the philosopher's death. All the papers appear here for the first time. Unlike many a philosophy of science anthology, this one is not center ed on the philosophy of physics. In fact the papers deal with conceptual and, in particular, philosophical problems that pop up in almost every one of the provinces of the vast territory constituted by the foundatio...
Dynamics of Sensory and Cognitive Processing by the Brain
In neurophysiology, the emphasis has been on single-unit studies for a quarter century, since the sensory work by Lettwin and coworkers and by Hubel and Wiesel, the cen tral work by Mountcastle, the motor work by the late Evarts, and so on. In recent years, however, field potentials - and a more global approach general ly - have been receiving renewed and increasing attention. This is a result of new findings made possible by technical and conceptual advances and by the confirma tion and augmentation of earlier findings that were widely ignored for being contro versial or inexplicable. To survey the state of this active field, a conference was held in West Berlin in August 1985 that attempte...
Efficiency Analysis by Production Frontiers
Measuring productive efficiency for nonprofit organizations has posed a great challenge to applied researchers today. The problem has many facets and diverse implications for a number of disciplines such as economics, applied statistics, management science and information theory. This monograph discusses four major areas, which emphasize the applied economic and econometric as. pects of the production frontier analysis: A. Stochastic frontier theory, B. Data envelopment analysis, C. Clustering and estimation theory, D. Economic and managerial applications Besides containing an up-to-date survey of the mos. t recent developments in the field, the monograph presents several new results and the...
Robustness of Statistical Methods and Nonparametric Statistics
This volume contains most of the invited and contributed papers presented at the Conference on Robustness of Statistical Methods and Nonparametric Statistics held in the castle oj'Schwerin, Mai 29 - June 4 1983. This conference was organized by the Mathematical Society of the GDR in cooperation with the Society of Physical and Mathematical Biology of the GDR, the GDR-Region of the International Biometric Society and the Academy of Agricultural Sciences of the GDR. All papers included were thoroughly reviewed by scientist listed under the heading "Editorial Collabora tories·'. Some contributions, we are sorry to report, were not recommended for publi cation by the rf'vif'wers and do not appe...
Risk, Decision and Rationality
Decision Theory has considerably developed in the late 1970's and the 1980's. The evolution has been so fast and far-r2aching that it has become increasingly difficult to keep track of the new state of the art. After a decade of new contributions, there was a need for an overview' of the field. This book is intended to fill the gap. The reader will find here thirty~nine selected papers which were given at FUR-III, the third international confe rence on the Foundations and applications of Utility, Risk and decision theories, held in Aix-en-Provence in June 1986. An introductory chapter will provide an overview of the main questions raised on the subject since the 17th Century and more particu...
