Foundations Of Rational Choice Under Risk
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Foundations of Rational Choice Under Risk
Author | : Paul Anand |
Publisher | : Oxford University Press, USA |
Total Pages | : 186 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : |
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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 rationality is not a behavioural entity, but rather has to do with the relation between an agent's preferences and his or her behaviour.
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