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Case-Based Knowledge and Induction

Author

Listed:
  • Itzhak Gilboa

    (TAU - Tel Aviv University)

  • David Schmeidler

    (TAU - Tel Aviv University)

Abstract

Case-Based Decision Theory (CBDT) is a theory of decision making under uncertainty, suggesting that people tend to choose acts that performed well in similar cases they recall. The theory has been developed from a decision-/game-/economic-theoretical point of view, as a potential alternative to expected utility theory (EUT). In this paper, we attempt to reconsider CBDT as a theory of knowledge representation, to contrast it with the rulebased approach, and to study its implications regarding the process of induction.

Suggested Citation

  • Itzhak Gilboa & David Schmeidler, 2000. "Case-Based Knowledge and Induction," Post-Print hal-00752300, HAL.
    • Handle: RePEc:hal:journl:hal-00752300
    DOI: 10.1109/3468.833090
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    Citations

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    Cited by:

    1. Simon Grant & John Quiggin, 2013. "Inductive reasoning about unawareness," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 54(3), pages 717-755, November.
    2. Hu, Qiwei & Chakhar, Salem & Siraj, Sajid & Labib, Ashraf, 2017. "Spare parts classification in industrial manufacturing using the dominance-based rough set approach," European Journal of Operational Research, Elsevier, vol. 262(3), pages 1136-1163.
    3. Giovanni Gavetti & Massimo Warglien, 2015. "A Model of Collective Interpretation," Organization Science, INFORMS, vol. 26(5), pages 1263-1283, October.
    4. Pe[combining cedilla]ski, Marcin, 2011. "Prior symmetry, similarity-based reasoning, and endogenous categorization," Journal of Economic Theory, Elsevier, vol. 146(1), pages 111-140, January.
    5. Pape, Andreas & Kurtz, Kenneth, 2013. "Evaluating Case-based Decision Theory: Predicting Empirical Patterns of Human Classification Learning (Extensions)," MPRA Paper 45206, University Library of Munich, Germany.
    6. Pape, Andreas Duus & Kurtz, Kenneth J., 2013. "Evaluating case-based decision theory: Predicting empirical patterns of human classification learning," Games and Economic Behavior, Elsevier, vol. 82(C), pages 52-65.
    7. Giovanni Gavetti, 2012. "PERSPECTIVE—Toward a Behavioral Theory of Strategy," Organization Science, INFORMS, vol. 23(1), pages 267-285, February.

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