Foundations of Rational Choice Under Risk - Rilegato

Anand, Paul

 
9780198233039: Foundations of Rational Choice Under Risk

Sinossi

Paul Anand describes and evaluates many existing criticisms of the formal theory of rationality and subjective expected utility (SEU) theory. He tests the logical and philosophical basis for basing rational choice on SEU and argues that, empirically, SEU is false, and that normatively, it imposes unnecessary constraints on rational agency. He provides his own account of rational choice which is grounded in the relationship between an agent's preference and his or her behavior. In addition, he discusses some of the radical methodological changes in economics that form the basis for theoretical developments in decision theory.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Product Description

1

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Altre edizioni note dello stesso titolo

9780198774426: Foundations of Rational Choice Under Risk

Edizione in evidenza

ISBN 10:  0198774427 ISBN 13:  9780198774426
Casa editrice: OUP Oxford, 1995
Brossura