Background
Gilboa, Itzhak was born on February 3, 1963 in Tel Aviv.
(Gilboa and Schmeidler provide a new paradigm for modeling...)
Gilboa and Schmeidler provide a new paradigm for modeling decision making under uncertainty. Case-based decision theory suggests that people make decisions by analogies to past cases: they tend to choose acts that performed well in the past in similar situations, and to avoid acts that performed poorly. The authors describe the general theory and its relationship to planning, repeated choice problems, inductive inference, and learning. They highlight its mathematical and philosophical foundations and compare it to expected utility theory as well as to rule-based systems.
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Gilboa, Itzhak was born on February 3, 1963 in Tel Aviv.
Doctor of Philosophy, Tel-Aviv University, 1987.
After obtaining his Bachelor in Mathematics and Economics from Tel Aviv University, he earned his Doctor of Philosophy in 1987 under the supervision of David Schmeidler. He currently holds a visiting professorship at Yale University and Higher Education Commission Paris. His work include the theory of Maxmin Expected Utility with David Schmeidler.
This theory explains individual attitudes towards ambiguity that are consistent with the Ellsberg paradox.
I. Ỉ. North. I. I.
(Gilboa and Schmeidler provide a new paradigm for modeling...)
Married Eva Gilboa-Schechtman. 1 child Alma.