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Handbook of Utility Theory: Volume 1: Principles

From Salvador Barberaa Peter J Hammond Christian Seidl




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 | #4946147 in Books |  Salvador Barberaa Peter J Hammond Christian Seidl |  1999-02-28 | Original language:English | PDF # 1 |  9.21 x1.63 x6.14l,2.60 | File type: PDF | 684 pages

 | Handbook of Utility Theory

||1 of 1 people found the following review helpful.| Great resource, shame about the typos|By David McCarthy|This is a wonderful resource to have on your bookshelf, suitable for graduate students and up, as is its companion volume II. This volume contains 13 survey articles on utility theory, written mostly by economists, with the contribution on causal decision theory written by philosophers. Many of the economists have a strong

The standard rationality hypothesis implies that behaviour can be represented as the maximization of a suitably restricted utility function. This hypothesis lies at the heart of a large body of recent work in economics, of course, but also in political science, ethics, and other major branches of social sciences. Though the utility maximization hypothesis is venerable, it remains an area of active research. Moreover, some fundamental conceptual problems remain unr...

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