The History And Methodology Of Expected Utility
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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 Related Books
Language: en
Pages: 99
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Type: BOOK - Published: 2023-08-31 - Publisher: Cambridge University Press
This Element offers an accessible but technically detailed review of expected utility theory (EU). it focuses on the methodological issues that have accompanied
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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
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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
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Pages: 706
Type: BOOK - Published: 2013-03-14 - Publisher: Springer Science & Business Media
Utility theory or, value theory in general, is certainly the cornerstone of decision theory, game theory, microecon~mics, and all social and political theories
Language: en
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Pages: 413
Type: BOOK - Published: 2020-01-07 - Publisher: Columbia University Press
At its core, economics is about making decisions. In the history of economic thought, great intellectual prowess has been exerted toward devising exquisite theo