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Foundations of Rational Choice Under Risk
Language: en
Pages: 161
Authors: Paul Anand
Categories: Business & Economics
Type: BOOK - Published: 1995 - Publisher: Oxford University Press on Demand

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In this book, Paul Anand examines the normative interpretation of Subjective Expected Utility (SEU). He tests the philosophical and logical basis for associatin
Foundations of Rational Choice Under Risk
Language: en
Pages: 186
Authors: Paul Anand
Categories: Business & Economics
Type: BOOK - Published: 1993 - Publisher: Oxford University Press, USA

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Describes and evaluates a number of existing criticisms of the formal theory of rationality and subjective expected utility theory. The author argues that ratio
Expected Utility Hypotheses and the Allais Paradox
Language: en
Pages: 706
Authors: M. Allais
Categories: Social Science
Type: BOOK - Published: 2013-03-14 - Publisher: Springer Science & Business Media

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Utility theory or, value theory in general, is certainly the cornerstone of decision theory, game theory, microecon~mics, and all social and political theories
Cognitive Economics
Language: en
Pages: 479
Authors: Paul Bourgine
Categories: Business & Economics
Type: BOOK - Published: 2013-03-20 - Publisher: Springer Science & Business Media

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The social sciences study knowing subjects and their interactions. A "cog nitive turn", based on cognitive science, has the potential to enrich these sciences c
Rational Choice Using Imprecise Probabilities and Utilities
Language: en
Pages: 141
Authors: Paul Weirich
Categories: Science
Type: BOOK - Published: 2021-02-25 - Publisher: Cambridge University Press

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An agent often does not have precise probabilities or utilities to guide resolution of a decision problem. I advance a principle of rationality for making decis