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Classical decision theory evaluates entire worlds, specified so as to include everything a decision-maker cares about. Paul Weirich argues that we need only compare small parts of the options we face in order to make a rational decision, and explains how we can simplify and streamline our choices.
In Decision Space: Multidimensional Utility Analysis, first published in 2001, Paul Weirich increases the power and versatility of utility analysis and in the process advances decision theory. Combining traditional and novel methods of option evaluation into one systematic method, multidimensional utility analysis is a valuable tool in decision theory.
This book offers this conception of equilibrium in games: strategic equilibrium. In synthesizing decision theory and game theory in a powerful way this book will be of particular interest to all philosophers concerned with decision theory and game theory as well as economists and other social scientists.
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