The History and Methodology of Expected Utility

The History and Methodology of Expected Utility
Author: Ivan Moscati
Publisher: Cambridge University Press
Total Pages: 99
Release: 2023-08-31
Genre: Philosophy
ISBN: 1009198254

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This Element offers an accessible but technically detailed review of expected utility theory (EU). it focuses on the methodological issues that have accompanied its evolution, such as whether the utility function and the other components of EU correspond to actual mental entities.


The History and Methodology of Expected Utility
Language: en
Pages: 99
Authors: Ivan Moscati
Categories: Philosophy
Type: BOOK - Published: 2023-08-31 - Publisher: Cambridge University Press

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This Element offers an accessible but technically detailed review of expected utility theory (EU). it focuses on the methodological issues that have accompanied
The Capital Asset Pricing Model in the 21st Century
Language: en
Pages: 457
Authors: Haim Levy
Categories: Business & Economics
Type: BOOK - Published: 2011-10-30 - Publisher: Cambridge University Press

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The Capital Asset Pricing Model (CAPM) and the mean-variance (M-V) rule, which are based on classic expected utility theory, have been heavily criticized theore
Measuring Utility
Language: en
Pages: 345
Authors: Ivan Moscati
Categories: Business & Economics
Type: BOOK - Published: 2019 - Publisher:

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Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very
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
Risk, Choice, and Uncertainty
Language: en
Pages: 413
Authors: George G. Szpiro
Categories: Business & Economics
Type: BOOK - Published: 2020-01-07 - Publisher: Columbia University Press

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At its core, economics is about making decisions. In the history of economic thought, great intellectual prowess has been exerted toward devising exquisite theo