Gilboa, Itzhak; Schmeidler, David - In: Economic Theory 9 (1996) 1, pp. 47-62
Case-Based Decision Theory (CBDT) postulates that decision making under uncertainty is based on analogies to past cases. In its original version, it suggests that each of the available acts is ranked according to its own performance in similar decision problems encountered in the past. <p>The...</p>