Wise choices

In this collection - a tribute to the lifetime intellectual odyssey of Howard Raiffa, world-renowned applied mathematician - leading scholars in economics, psychology, statistics, and decision theory grapple with the perennial question of how to make wise choices. Their answers reflect the unity of the three fields Raiffa pioneered: decision analysis, game theory, and negotiation. The twenty-three papers in this collection address such topics as individual decision making under uncertainty, games of strategy in which one player's actions directly influence another's welfare, and the process…