Introduction -- Coherence -- Utility -- Utility in action -- Ramsey and Savage -- State independence -- Decision functions -- Admissibility -- Shrinkage -- Scoring rules -- Choosing models -- Dynamic programming -- Changes in utility as information -- Sample size -- Stopping
Summary
Decision theory provides a formal framework for making logical choices in the face of uncertainty. Given a set of alternatives, a set of consequences, and a correspondence between those sets, decision theory offers conceptually simple procedures for choic
