Kofi Kissi Dompere (auth.)3540880860, 9783540880868
This monograph is special in its orientation and contribution to current state of our understanding of decision-choice process and knowledge production. Its special orientation is to bring to the scientific community the discussions on the epistemic structure of the relationships among uncertainty, expectations, risk, possibility, probability and how the rules of fuzzy paradigm and the methods of fuzzy rationality bring new and different understanding to the relationships. At the level of theory of knowledge, it presents the structure and epistemic analysis of uncertainty, expectations and risk in decision-choice actions through the characteristics of substitution-transformation and input-output processes in categorial dynamics of actual-potential duality. The interactive effects of rationality and expectation are examined around belief, prospect, time and conditions of belief justification where the relationship between possibility and probability as a sequential link between potential and actual is analyzed to provide some understanding of the role of relative costs and benefits in defining risk in both nature and society. The concepts of possibilistic and probabilistic beliefs are explicated in relation to rationality and the decision-choice process where the analytical relationship between uncertainty and expectation formation is presented leading to the introduction of two types of uncertainty composed of fuzzy uncertainty and stochastic uncertainty.
Table of contents :
Front Matter….Pages –
Fuzzy Rationality, Uncertainty and Expectations….Pages 1-26
Fuzzy Rationality and Classical Sub-optimal Rationality….Pages 27-49
Fuzzy Rationality, Ambiguity and Risk in Decision-Choice Process….Pages 51-82
Epistemics of Risk and Optimal Decision-Choice Rationality….Pages 83-104
Reflections on Some Decision-Choice Theories on Uncertainty and Risk….Pages 105-132
Fuzzy Decision-Choice Rationality and Paradoxes in Decision-Choice Theories….Pages 133-170
Back Matter….Pages –
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