000 01637nam a22002417a 4500
003 JGU
005 20241018020012.0
008 231108b |||||||| |||| 00| 0 eng d
020 _a9781009198264
_qpbk.
040 _beng
_cJGU
041 _aeng
100 _aMoscati, Ivan,
_91644288
_eauthor
245 _aThe history and methodology of expected utility /
_cIvan Moscati.
260 _aNew Delhi
_bCambridge University Press,
_c2023.
490 1 _aElements in decision theory and philosophy
520 _a"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."--
650 _aUtility theory
_963247
650 _aDecision making
830 _aElements in decision theory and philosophy
_91644906
999 _c3056558
_d3056558