Items related to Foundations of Rational Choice Under Risk
Synopsis
Paul Anand describes and evaluates many existing criticisms of the formal theory of rationality and subjective expected utility (SEU) theory. He tests the logical and philosophical basis for basing rational choice on SEU and argues that, empirically, SEU is false, and that normatively, it imposes unnecessary constraints on rational agency. He provides his own account of rational choice which is grounded in the relationship between an agent's preference and his or her behavior. In addition, he discusses some of the radical methodological changes in economics that form the basis for theoretical developments in decision theory.
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About the Author
Paul Anand was a Research Fellow of Templeton College Oxford when the book was written and currently has affiliations to the Open University, Oxford and LSE.
Review
`The book provides useful references from the economic, psychological, philosophical and even mathematical literature ... stimulating and thought-provoking.'
Professor Machina, Journal of Economic Literature
`It is very clear that the author has given a lot of thought to the many aspects of the issues he addresses. Similarly, the book provides useful references from the economic, psychological, philosophical, and even mathematical literature.'
Journal of Economic Literature
`Shows an agreeable lack of fetish for technical and mathematical presentation, and will serve as a fairly accessible introduction to the area for philosophical readers unfamiliar with the terrain'
David Phillips, University of Houston, Philosophical Review
`This book offers, in nine chapters, a concise presentation and critical assessment of subjective expected utility (SEU) theory ... Anand's book highlights some difficult problems facing SEU accounts of rational choice, and outlines a reason-oriented alternative to those accounts.'
Mind
"About this title" may belong to another edition of this title.
- PublisherOxford University Press
- Publication date1993
- ISBN 10 0198233035
- ISBN 13 9780198233039
- BindingHardcover
- LanguageEnglish
- Number of pages174
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Foundations of Rational Choice Under Risk
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Oxford University Press, 1993
ISBN 10: 0198233035
ISBN 13: 9780198233039
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Condition: Good. Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, but in good overall condition. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. Seller Inventory # Z1-C-021-02559
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Foundations of Rational Choice Under Risk
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Foundations of rational choice under risk / Paul Anand
Published by
Oxford University Press, 1995
ISBN 10: 0198233035
ISBN 13: 9780198233039
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First Edition
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First Edition. Fine cloth copy in an equally fine dust-wrapper. Not price-clipped. Particularly well-preserved overall; tight, bright, clean and especially sharp-cornered. Physical description : [170]p : ill ; 22cm. Subjects : Economics, Mathematical. Economics Methodology.Rational expectations (Economic theory). 1 Kg. Seller Inventory # 381918
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Foundations of rational choice under risk / Paul Anand
Published by
Oxford University Press, 1995
ISBN 10: 0198233035
ISBN 13: 9780198233039
Used
Hardcover
First Edition
Seller: MW Books Ltd., Galway, Ireland
Seller rating 5 out of 5 stars
First Edition. Fine cloth copy in an equally fine dust-wrapper. Not price-clipped. Particularly well-preserved overall; tight, bright, clean and especially sharp-cornered. Physical description : [170]p : ill ; 22cm. Subjects : Economics, Mathematical. Economics Methodology.Rational expectations (Economic theory). 1 Kg. Seller Inventory # 381918
Quantity: 1 available
Stock Image
Foundations of Rational Choice Under Risk
Published by
Oxford University Press, 1993
ISBN 10: 0198233035
ISBN 13: 9780198233039
Used
Hardcover
Seller: NEPO UG, Rüsselsheim am Main, Germany
Seller rating 5 out of 5 stars
Gebundene Ausgabe. Condition: Gut. 176 Seiten ex Library Book / aus einer wissenschaftlichen Bibliothek Sprache: Englisch Gewicht in Gramm: 359. Seller Inventory # 311422
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