Handbook of Utility Theory

Volume 2 Extensions

Editors: Barbera, Salvador, Hammond, Peter, Seidl, Christian (Eds.)

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About this book

The standard rationality hypothesis is 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 the social sciences. Though this hypothesis of utility maximization deserves our continued respect, finding further refinements and developing new critiques remain areas of active research. In fact, many fundamental conceptual problems remain unsettled. Where others have been resolved, their resolutions may be too recent to have achieved widespread understanding among social scientists. Last but not least, a growing number of papers attempt to challenge the rationality hypothesis head on, at least in its more orthodox formulation. The main purpose of this Handbook is to make more widely available some recent developments in the area. Yet we are well aware that the final chapter of a handbook like this can never be written as long as the area of research remains active, as is certainly the case with utility theory. The editors originally selected a list of topics that seemed ripe enough at the time that the book was planned. Then they invited contributions from researchers whose work had come to their attention. So the list of topics and contributors is largely the editors' responsibility, although some potential con­ tributors did decline our invitation. Each chapter has also been refereed, and often significantly revised in the light of the referees' remarks.

Table of contents (8 chapters)

  • Alternatives to Expected Utility: Foundations

    Sugden, Robert

    Pages 685-755

  • Alternatives to Expected Utility: Formal Theories

    Schmidt, Ulrich

    Pages 757-837

  • State-Dependent Utility and Decision Theory

    Drèze, Jacques H. (et al.)

    Pages 839-892

  • Ranking Sets of Objects

    Barberà, Salvador (et al.)

    Pages 893-977

  • Expected Utility in Non-Cooperative Game Theory

    Hammond, Peter J.

    Pages 979-1063

Buy this book

eBook $269.00
price for USA (gross)
  • ISBN 978-1-4020-7964-1
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $349.00
price for USA
  • ISBN 978-1-4020-7714-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $349.00
price for USA
  • ISBN 978-1-4419-5417-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Handbook of Utility Theory
Book Subtitle
Volume 2 Extensions
Editors
  • Salvador Barbera
  • Peter Hammond
  • Christian Seidl
Copyright
2004
Publisher
Springer US
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-1-4020-7964-1
DOI
10.1007/978-1-4020-7964-1
Hardcover ISBN
978-1-4020-7714-2
Softcover ISBN
978-1-4419-5417-6
Edition Number
1
Number of Pages
XII, 626
Topics