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Analogies and Theories
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Analogies and Theories: Formal Models of Reasoning

Itzhak Gilboa, Larry Samuelson, and David Schmeidler

Abstract

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 us to study the dynamics of inductive reasoning in terms of the mode of reasoning that is used to generate predictions.

Keywords: models of reasoning, economic agents, decision makers, analogies, case-based reasoning, rule-based reasoning, Bayesian reasoning

Bibliographic Information

Print publication date: 2015 Print ISBN-13: 9780198738022
Published to Oxford Scholarship Online: May 2015 DOI:10.1093/acprof:oso/9780198738022.001.0001

Authors

Affiliations are at time of print publication.

Itzhak Gilboa, author
Chair of Economic Theory and Decision Theory, Tel-Aviv University; AXA Chair of Decision Sciences, HEC, Paris

Larry Samuelson, author
A. Douglas Melamed Professor of Economics, Yale University

David Schmeidler, author
Professor Emeritus, Tel-Aviv University and Ohio State University