Contemporary Discussions of the Decisions Under Uncertainty with Allais' Rejoinder
by
Language: English
Release Date: March 14, 2013
Utility theory or, value theory in general, is certainly the cornerstone of decision theory, game theory, microecon~mics, and all social and political theories which deal with public decisions. Recently the American School of utility, founded by von N eumann Morgenstern, encountered a far-going...