Managerial logic / Hervé Raynaud in collaboration with Kenneth J. Arrow.

Format:

Book

Author/Creator:

Raynaud, Hervé.

Contributor:

Arrow, Kenneth Joseph, 1921-

Series:

ISTE

Language:

English

Subjects (All):

Decision making.

Decision making--Mathematical models.

Logic.

Physical Description:

1 online resource (430 p.)

Edition:

1st ed.

Place of Publication:

London : ISTE Ltd. ; Hoboken, N.J. : John Wiley & Sons, 2011.

Language Note:

English

Summary:

The publication of the first book by Kenneth Arrow and Hervé Raynaud, in 1986, led to an important wave of research in the field of axiomatic approach applied to managerial logic. Managerial Logic summarizes the prospective results of this research and offers consultants, researchers, and decision makers a unified framework for handling the difficult decisions they face.Based on confirmed results of experimental psychology, this book places the problem in a phenomenological framework and shows how the influence of traditional methods has slowed the effective resolution of these problems. I

Contents:

The initial problem

Paradoxes

Majority method and limited domain

Intuition can easily suggest errors

Would transitivity be a prohibitive luxury?

Helpful tools for the sensible decision-maker

An important class of choice functions

Prudent choice functions

Often implicit axioms

Coherent choice functions

Rationality and independence

Monotonic choice functions

Sequentially independent rankings

Prudent rankings

Coherent condorcet rankings

Monotonic rankings.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on metadata supplied by the publisher and other sources.

ISBN:

9781118602188

1118602188

9781118602195

1118602196

9781118602102

1118602102

9781299187757

1299187757

OCLC:

828298917