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The history and methodology of expected utility
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ISBN: 1009198297 1009198262 1009198270 1009198254 Year: 2023 Publisher: Cambridge : Cambridge University Press,

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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.


Book
Utility theory and applications : [papers presented at the conference "Utility theory and applications", Trieste, June 26-29, 2002]
Authors: --- --- ---
Year: 2002 Publisher: Trieste : Università degli studi di Trieste. Dipartimento di matematica applicata "Bruno di Finetti",

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Measuring utility : from the marginal revolution to behavioral economics
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ISBN: 0199372802 0199372780 0199372799 Year: 2018 Publisher: New York, NY : Oxford University Press,

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This text reconstructs the history of utility measurement in economics, from the marginal revolution of the 1870s to the beginning of behavioral economics in the mid-1980s.

Essays on concave and homothetic utility functions
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ISBN: 915542824X Year: 1991 Publisher: Stockholm : Almqvist & Wiksell : Acta universitatis upsaliensis,


Book
Decoy alternatives in individual choice and politics
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ISBN: 9512909952 Year: 1997 Volume: 220 Publisher: Turku : Turun Yliopisto,

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Book
Models of decision-making
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ISBN: 9781107077799 9781139939515 9781107434783 1107077796 1322561109 1316255867 1316236943 131623505X 1139939513 1107434785 1316250180 1316253961 1316252078 1316248291 1316246396 9781316248294 9781316250181 9781316252079 Year: 2015 Publisher: Cambridge

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Classical decision theory evaluates entire worlds, specified so as to include everything a decision-maker cares about. Thus applying decision theory requires performing computations far beyond an ordinary decision-maker's ability. In this book Paul Weirich explains how individuals can simplify and streamline their choices. He shows how different 'parts' of options (intrinsic, temporal, spatiotemporal, causal) are separable, so that we can know what difference one part makes to the value of an option, regardless of what happens in the other parts. He suggests that the primary value of options is found in basic intrinsic attitudes towards outcomes: desires, aversions, or indifferences. And using these two facts he argues that we need only compare small parts of the options we face in order to make a rational decision. This important book will interest readers in decision theory, economics, and the behavioral sciences.

Experiments on decisions under risk: the expected utility hypothesis
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ISBN: 0898380359 9401750424 9401750408 9780898380354 Year: 1980 Publisher: Boston, Md. Martinus Nijhoff

Science, decision and value : proceedings of the fifth University of Western Ontario philosophy colloquium, 1969
Authors: --- ---
ISBN: 9027703272 9401025711 902770239X 9789027703279 Year: 1973 Volume: 1 Publisher: Dordrecht ; Boston, MA : D. Reidel,


Periodical
Revue d'études benthamiennes : traduire, commenter, diffuser l'œuvre de Jeremy Bentham.
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ISSN: 17607507 Year: 2006 Publisher: Paris, France : Centre Bentham

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La Revue d’études benthamiennes propose une ouverture interdisciplinaire aux études sur l’utilitarisme et sur des pensées d’expression anglophone en France. Elle traite aussi bien de l’utilitarisme classique (de Bentham à Henry Sidgwick et G.E. Moore) et des courants de pensée contemporains dans les domaines de l’économie, du droit et de la philosophie, encourageant ainsi l’ouverture à toutes les disciplines des sciences humaines et sociales sur des thèmes, auteurs, objets, histoire compris par le spectre de la Revue.

Decision space
Author:
ISBN: 9780511498602 9780521800099 9780521038034 0511018924 9780511018923 0521800099 0511498608 1107122368 0521038030 1280430184 051104738X 9786610430185 0511175221 0511155425 0511302509 Year: 2001 Publisher: Cambridge, UK New York Cambridge University Press

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In Decision Space: Multidimensional Utility Analysis, first published in 2001, Paul Weirich increases the power and versatility of utility analysis and in the process advances decision theory. Combining traditional and novel methods of option evaluation into one systematic method of analysis, multidimensional utility analysis is a valuable tool. It provides formulations of important decision principles, such as the principle to maximize expected utility; enriches decision theory in solving recalcitrant decision problems; and provides in particular for the cases in which an expert must make a decision for a group of people. The multiple dimensions of this analysis create a decision space broad enough to accommodate all factors affecting an option's utility. The book will be of interest to advanced students and professionals working in the subject of decision theory, as well as to economists and other social scientists.

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