ISBN : 9780198738022
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 one to study the dynamics of inductive reasoning in terms of the mode of reasoning that is used to generate predictions.
2. Inductive Inference: An Axiomatic Approach
3. Subjectivity in Inductive Inference
4. Dynamics of Inductive Inference in a Unified Framework
5. Analogies and Theories: The Role of Simplicity and the Emergence of Norms
6. The Predictive Role of Counterfactuals