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Theory and Decision Library

Recent Developments in the Foundations of Utility and Risk Theory

Editors: Daboni, L., Montesano, Aldo M., Lines, M. (Eds.)

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About this book

The Second International Conference on Foundations of Utility and Risk Theory was held in Venice, June 1984. This volume presents some of the papers delivered at FUR-84. (The First International Conference, FUR-82, was held in Oslo and some of the papers presented on that occasion were published by Reidel in the volume Foundations of Utility and Risk Theory with Applications, edited by Bernt P. Stigum and Fred Wenst~p). The theory of choice under uncertainty involves a vast range of controversial issues in many fields like economics, philosophy, psychology, mathematics and statistics. The idea of discussing these problems in international conferences has been successful: two conferences have been held and others will follow. The climate of the debate has changed in the meantime, partly as a result of these conferences. It is no more only a question of attacking or defending the neo-Bernoullian assumptions, but also of proposing wider generalizations and including new elements in the analysis of the decision process. For instance Amartya Sen - comparing the two current notions of rationality, internal consistency and self-interest pursuit introduces the concept of reasoning and considers the irrationality which may result from the failure of a positive correspondence between reasoning and choice or from a limited capacity of reasoning. Rationality is also considered with respect to the controversial axiom of strong independence. John C. Harsanyi introduces the concept of practical certainty, i. e.

Table of contents (24 chapters)

Table of contents (24 chapters)

Buy this book

eBook $139.00
price for USA in USD
  • ISBN 978-94-009-4616-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $279.99
price for USA in USD
  • ISBN 978-90-277-2201-0
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
Softcover $179.99
price for USA in USD
  • ISBN 978-94-010-8551-9
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Recent Developments in the Foundations of Utility and Risk Theory
Editors
  • L. Daboni
  • Aldo M. Montesano
  • M. Lines
Series Title
Theory and Decision Library
Series Volume
47
Copyright
1986
Publisher
Springer Netherlands
Copyright Holder
D. Reidel Publishing Company, Dordrecht, Holland
eBook ISBN
978-94-009-4616-3
DOI
10.1007/978-94-009-4616-3
Hardcover ISBN
978-90-277-2201-0
Softcover ISBN
978-94-010-8551-9
Edition Number
1
Number of Pages
X, 406
Topics