A Theory of Regret


Book Description

In A Theory of Regret Brian Price contends that regret is better understood as an important political emotion than as a form of weakness. Price shows how regret allows us to see that our convictions are more often the products of our perceptual habits than the authentic signs of moral courage that we more regularly take them to be. Regret teaches us to give up our expectations of what we think should or might occur in the future, and also the idea that what we think we should do will always be the right thing to do. Understood instead as a mode of thoughtfulness, regret helps us to clarify our will in relation to the decisions we make within institutional forms of existence. Considering regret in relation to emancipatory theories of thinking, Price shows how the unconditionally transformative nature of this emotion helps us become more sensitive to contingency and allows us, in turn, to recognize the steps we can take toward changing the institutions that shape our lives.




The Psychology of Thinking about the Future


Book Description

Why do people spend so much time thinking about the future, imagining scenarios that may never occur, and making (often unrealistic) predictions ? This volume brings together leading researchers from multiple psychological subdisciplines to explore the central role of future-thinking in human behavior across the lifespan. It presents cutting-edge work on the mechanisms involved in visualizing, predicting, and planning for the future. Implications are explored for such important domains as well-being and mental health, academic and job performance, ethical decision making, and financial behavior. Throughout, chapters highlight effective self-regulation strategies that help people pursue and realize their short- and long-term goals. ÿ




The Foundations of Expected Utility


Book Description

This book offers a unified treatment of my research in the foundations of expected utility theory from around 1965 to 1980. While parts are new, the presentation draws heavily on published articles and a few chapters in my 1970 monograph on utility theory. The diverse notations and styles of the sources have of course been reconciled here, and their topics arranged in a logical sequence. The two parts of the book take their respective cues from the von Neumann-Morgenstern axiomatization of preferences between risky options and from Savage's foundational treatment of decision making under uncertainty. Both parts are studies in the axiomatics of preferences for decision situations and in numerical representations for preferences. Proofs of the representation and uniqueness theorems appear at the ends of the chapters so as not to impede the flow of the discussion. A few warnings on notation are in order. The numbers for theorems cited within a chapter have no prefix if they appear in that chapter, but otherwise carry a chapter prefix (Theorem 3.2 is Theorem 2 in Chapter 3). All lower case Greek letters refer to numbers in the closed interval from o to 1. The same symbol in different chapters has essentially the same meaning with one major exception: x, y, ... mean quite different things in different chapters. I am indebted to many people for their help and encouragement.




Regret


Book Description

Drawing from psychology, economics, philosophy, anthropology, and classic works of literature, Landman provides an insightful anatomy of regret--what it is, how you experience it, and how it changes you. At best regret is a dynamic changing process--one can transcend regret and thus transform the self.




If Only...


Book Description

It’s hard to envision a life without some regrets. You imagine what might have been if you had taken a different path at some key juncture, whether about a past relationship, a missed job opportunity, or choosing where to live. Regret can be immobilizing, filling us with disappointment and shame--but it also can be a powerful tool for self-knowledge and change. In this uplifting guide, renowned psychologist Robert Leahy demonstrates how to make regret work to your advantage. Using cutting-edge skills based on cognitive-behavioral therapy, Dr. Leahy shows how to get unstuck from regret and make decisions with more clarity and confidence. Downloadable practical tools help you implement the strategies in the book. You are the author of your life, so go out and write the next chapter--and then live it.




The Anatomy of Regret


Book Description

Anatomy of Regret has a highly clinical focus, with cases that illustrate how critical psychic change can emerge from the mourning of the grief of "psychic regret". This book highlights the developmental achievement of owning the guilt of aggression, and of tolerating insight into the losses one had produced. The author uses the term "psychic regret" to capture the essence of the process of facing regret consciously. This is in contrast to the split-off and persecutory dynamics of unconscious guilt. Unconscious guilt exposes itself through visceral and cognitive impingements, which are related to internal world enactments, and it relies on unconscious avoidance of the pain and loss involved in facing psychic regret. The author's theory of "developmental mourning" is illustrated in this book through in-depth lively clinical processes (cases and vignettes).




Progress In Decision, Utility And Risk Theory


Book Description

In this volume we present some of the papers delivered at FUR-IV - the Fourth International Conference on Founda tions and Applications of Utility, Risk and Decision Theory in Budapest, June 1988. The FUR Conferences have provided an appreciated forum every two years since 1982 within which scientists can report recent issues and prospective applications of decision theory, and exchange ideas about controversial questions of this field. Focal points of the presented papers are: expected utility versus alterna tive utility models, concepts of risk and uncertainty, developments of game theory, and investigations of real decision making behaviour under uncertainty and/or in risky situations. We hope that this sample of papers will appeal to a wide spectrum of readers who are interested in and fami liar with this interesting and exciting issues of decision theory. A wide range of theoretical and practical questions is considered in papers included in this volume, and many of them closely related to economics. In fact, there were two Nobel-Laureates in economics among the participants: I. Herbert A. Simon (1978) and Maurice Allais (1988), who won the prize just after the conference. His paper deals with problems of cardinal utility. After a concise overview of the history and theory of cardinal utility he gives an estimate of the invariant cardinal utility function for its whole domain of variation (i. e.




Two-Sided Matching


Book Description

Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organized. The results for this wide range of related models and matching situations help clarify which conclusions depend on particular modeling assumptions and market conditions, and which are robust over a wide range of conditions. 'This book chronicles one of the outstanding success stories of the theory of games, a story in which the authors have played a major role: the theory and practice of matching markets ... The authors are to be warmly congratulated for this fine piece of work, which is quite unique in the game-theoretic literature.' From the Foreword by Robert Aumann




Simple Adaptive Strategies: From Regret-matching To Uncoupled Dynamics


Book Description

This volume collects almost two decades of joint work of Sergiu Hart and Andreu Mas-Colell on game dynamics and equilibria. The starting point was the introduction of the adaptive strategy called regret-matching, which on the one hand is simple and natural, and on the other is shown to lead to correlated equilibria. This initial finding — boundedly rational behavior that yields fully rational outcomes in the long run — generated a large body of work on the dynamics of simple adaptive strategies. In particular, a natural condition on dynamics was identified: uncoupledness, whereby decision-makers do not know each other's payoffs and utilities (so, while chosen actions may be observable, the motivations are not). This condition turns out to severely limit the equilibria that can be reached. Interestingly, there are connections to the behavioral and neurobiological sciences and also to computer science and engineering (e.g., via notions of “regret”).Simple Adaptive Strategies is self-contained and unified in its presentation. Together with the formal treatment of concepts, theorems, and proofs, significant space is devoted to informal explanations and illuminating examples. It may be used for advanced graduate courses — in game theory, economics, mathematics, computer science, engineering — and for further research.




The View from Here


Book Description

Must we always later regret actions that were wrong for us to perform at the time? Can there ever be good reason to affirm things in the past that we know were unfortunate? In this original work of moral philosophy, R. Jay Wallace shows that the standpoint from which we look back on our lives is shaped by our present attachments-to persons, to the projects that imbue our lives with meaning, and to life itself. Through a distinctive "affirmation dynamic", these attachments commit us to affirming the necessary conditions of their objects. The result is that we are sometimes unable to regret events and circumstances that were originally unjustified or otherwise somehow objectionable. Wallace traces these themes through a range of examples. A teenage girl makes an ill-advised decision to conceive a child - but her love for the child once it has been born makes it impossible for her to regret that earlier decision. The painter Paul Gauguin abandons his family to pursue his true artistic calling (and eventual life project) in Tahiti--which means he cannot truly regret his abdication of familial responsibility. The View from Here offers new interpretations of these classic cases, challenging their treatment by Bernard Williams and others. Another example is the "bourgeois predicament": we are committed to affirming the regrettable social inequalities that make possible the expensive activities that give our lives meaning. Generalizing from such situations, Wallace defends the view that our attachments inevitably commit us to affirming historical conditions that we cannot regard as worthy of being affirmed--a modest form of nihilism.