Strategies in Markets for Experience and Credence Goods

Strategies in Markets for Experience and Credence Goods PDF Book Detail Author: Men-Andri Benz
Publisher: Springer Science & Business Media
ISBN: 3835095803
Category : Business & Economics
Languages : en
Pages : 120

Book Description
The quality and characteristics of industrial and consumption goods are often not revealed until after consumption. However, the decision to buy these products must be made before buying. Many strategies and instruments for signalling and screening have been developed in the economic world in order to overcome potential market failure due to insufficient quality detection. In many situations, efficient incentives and quality revelation are given to the market players by contracts that structure the process and payments of the transaction.

Accuracy and the Laws of Credence

Accuracy and the Laws of Credence PDF Book Detail Author: Richard Pettigrew
Publisher: Oxford University Press
ISBN: 0191047252
Category : Philosophy
Languages : en
Pages : 256

Book Description
Richard Pettigrew offers an extended investigation into a particular way of justifying the rational principles that govern our credences (or degrees of belief). The main principles that he justifies are the central tenets of Bayesian epistemology, though many other related principles are discussed along the way. These are: Probabilism, the claims that credences should obey the laws of probability; the Principal Principle, which says how credences in hypotheses about the objective chances should relate to credences in other propositions; the Principle of Indifference, which says that, in the absence of evidence, we should distribute our credences equally over all possibilities we entertain; and Conditionalization, the Bayesian account of how we should plan to respond when we receive new evidence. Ultimately, then, this book is a study in the foundations of Bayesianism. To justify these principles, Pettigrew looks to decision theory. He treats an agent's credences as if they were a choice she makes between different options, gives an account of the purely epistemic utility enjoyed by different sets of credences, and then appeals to the principles of decision theory to show that, when epistemic utility is measured in this way, the credences that violate the principles listed above are ruled out as irrational. The account of epistemic utility set out here is the veritist's: the sole fundamental source of epistemic utility for credences is their accuracy. Thus, Pettigrew conducts an investigation in the version of Iepistemic utility theory known as accuracy-first epistemology. The book can also be read as an extended reply on behalf of the veritist to the evidentialist's objection that veritism cannot account for certain evidential principles of credal rationality, such as the Principal Principle, the Principle of Indifference, and Conditionalization.

Beyond Chance and Credence

Beyond Chance and Credence PDF Book Detail Author: Wayne C. Myrvold
Publisher: Oxford University Press, USA
ISBN: 0198865090
Category : Philosophy
Languages : en
Pages : 303

Book Description
Beyond Chance and Credence introduces a new way of thinking of probabilities in science that combines physical and epistemic considerations. Myrvold shows that conceiving of probabilities in this way solves puzzles associated with the use of probability and statistical mechanics.

The Laws of Credence

The Laws of Credence PDF Book Detail Author: Kendra Sebeny
Publisher: Xlibris Corporation
ISBN: 1450002315
Category : Drama
Languages : en
Pages : 271

Book Description
Nicholas Ray stumbles upon the job of a lifetime, or so he thinks. He soon finds out that working for Lou Bramwell is more trouble than it’s worth. One night of misfortune leaves an undercover cop dead and a co-worker behind bars for murder. Nick actively plans a jailbreak, which introduces him to two crooked detectives who seem to be plotting Nick’s every move. In his search for answers Nick uncovers a decade old mystery of deceit, revenge and murder.

The Works of Plato

The Works of Plato PDF Book Detail Author: Plato
Publisher:
ISBN:
Category :
Languages : en
Pages : 546

Book Description

The Works of Plato

The Works of Plato     PDF Book Detail Author: Plato
Publisher:
ISBN:
Category :
Languages : en
Pages : 548

Book Description

A D 1532 1543

A  D  1532 1543 PDF Book Detail Author: Great Britain. General Register Office (Scotland)
Publisher:
ISBN:
Category : England
Languages : en
Pages :

Book Description

The North American Review

The North American Review PDF Book Detail Author: Jared Sparks
Publisher:
ISBN:
Category : American fiction
Languages : en
Pages : 736

Book Description
Vols. 277-230, no. 2 include Stuff and nonsense, v. 5-6, no. 8, Jan. 1929-Aug. 1930.