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"Making Better Decisions introduces readers to some of the principal aspects of decision theory, and examines how these might lead us to make better decisions.[bullet] Introduces readers to key aspects of decision theory and examines how they might help us make better decisions[bullet]...
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Economic theory reduces the concept of rationality to internal consistency. As far as beliefs are concerned …, rationality is equated with having a prior belief over a quot;Grand State Spacequot;, describing all possible sources of … inherently incapable of describing the formation of prior beliefs. On the other hand, this notion of rationality is too strong …
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