The History and Methodology of Expected Utility by Ivan Moscati
This Element offers an accessible but technically detailed review of expected utility theory (EU), which is a model of individual decision-making under uncertainty that is central for both economics and philosophy. The Element's approach falls between the history of ideas and economic methodology. At the historical level, it reviews EU by following its conceptual evolution from its original formulation in the eighteenth century through its transformations and extensions in the mid-twentieth century to its more recent supersession by post-EU theories such as prospect theory. In reconstructing the history of 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. On many of these issues, no consensus has yet been reached, and in this Element the author offers his view on them.-
Rational Choice Using Imprecise Probabilities and Utilities
- Rational Attitudes to Risk
-
Judgment Aggregation
-
Epistemic Game Theory
-
Small Probabilities and High Stakes
-
Opinion Pooling
-
Rationality and Time Bias
-
Preference Change
-
Beyond Uncertainty
-
The Measurement of Subjective Probability
-
Evidential Decision Theory
-
Dutch Book Arguments
-
Evolutionary Game Theory
-
Commitment and Resoluteness in Rational Choice
-
Money-Pump Arguments
| SKU | Unavailable |
| ISBN 13 | 9781009198264 |
| ISBN 10 | 1009198262 |
| Title | The History and Methodology of Expected Utility |
| Author | Ivan Moscati |
| Series | Elements In Decision Theory And Philosophy |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Cambridge University Press |
| Year published | 2023-08-31 |
| Number of pages | 75 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |