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.
- ISBN10 0198738021
- ISBN13 9780198738022
- Publish Date 14 May 2015
- Publish Status Active
- Publish Country GB
- Imprint Oxford University Press
- Format Hardcover
- Pages 194
- Language English