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Expected Utility, Fair Gambles and Rational Choice

and influential articles on probability, econometrics and economic games which cumulatively have had a major impact on the development;

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Risk and Rationality

be captured by risk-weighted expected utility theory are rational. Thus, Risk and Rationality is in many ways a vindication of the ordinary;

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Choice-Free Rationality

individual's act to rational choice analysis. For example, in making a decision to vote, a conditional expected utility maximiser will compare the;

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Rational Choice Using Imprecise Probabilities and Utilities

assignment and a utility assignment. Then I support a decision principle that allows any act that maximizes expected utility according to some pair;

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Evolution and Rationality

' between phenotypes according to the criterion of fitness maximization. So there is a parallel between utility in rational choice theory and;

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Evolution And Rationality

' between phenotypes according to the criterion of fitness maximization. So there is a parallel between utility in rational choice theory and;

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Rational Choice

century.Chapters cover feasibility and desirability, utility maximization, constrained optimization,expected utility, probability and statistics;

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Rational Choice

Assuming no prior knowledge, this widely-used and critically-acclaimed text provides a clear introduction to, and uniquely fair-minded;

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Rational Choice

Rational choice is the dominant theoretical approach in political science in North America and one of the main contending approaches;

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The Handbook of Rational Choice Social Research

social sciences, this handbook will reinvigorate discussions about the utility and versatility of the rational choice approach, its key;

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The Economics of Risk and Time

This book updates and advances the theory of expected utility as applied to risk analysis and financial decision making. Von Neumann and;

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The Economics of Risk and Time

This book updates and advances the theory of expected utility as applied to risk analysis and financial decision making. Von Neumann and;

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Capital Asset Pricing Model In The 21St Century

The Capital Asset Pricing Model (CAPM) and the mean-variance (M-V) rule, which are based on classic expected utility theory, have been;

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The Capital Asset Pricing Model in the 21st Century

The Capital Asset Pricing Model (CAPM) and the mean-variance (M-V) rule, which are based on classic expected utility theory, have been;

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Economics, Rational Choice and Normative Philosophy

Following Amartya Sen's insistence to expand the framework of rational choice theory by taking into account 'non-utility information;

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Economics, Rational Choice and Normative Philosophy

Following Amartya Sen's insistence to expand the framework of rational choice theory by taking into account 'non-utility information;

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Measuring Utility

focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part;

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Co utility

helping others remains the best rational option. This is precisely the goal of co-utility, which can be defined in game-theoretic terms as any;

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Morals By Agreement

benefit and fairness, thus satisfying the standards of morality, but also that each person may actually expect greater utility by adhering to;

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A Theory of Case-Based Decisions

Gilboa and Schmeidler provide a paradigm for modelling decision making under uncertainty. Unlike the classical theory of expected utility;

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A Theory of Case-Based Decisions

Gilboa and Schmeidler provide a paradigm for modelling decision making under uncertainty. Unlike the classical theory of expected utility;

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The Matching Law

law. In recent years, the most popular theory of choice behavior has been rational choice theory. Developed and elaborated by;

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The Matching Law

law. In recent years, the most popular theory of choice behavior has been rational choice theory. Developed and elaborated by economists;

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Rational Responses to Risks

but also explain why these responses are rational. Weirich explains how, for a rational ideal agent, the expected utilities of the acts;

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Methods of Microeconomics

/>Risk attitude and expected utility look at absolute and relative risk aversion measures, and apply risk averse, neutral or risk loving;

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Choice Theory

problem and St. Petersburg paradox which challenge it. Understand expected utility theory and learn how to create a utility function, and assess;

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Depreciation of public utility properties and its relation to fair value and changes in the level and prices

Depreciation of public utility properties and its relation to fair value and changes in the level and prices This book, "Depreciation;

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