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Foundations of Rational Choice Under Risk Paperback – 10 Aug. 1995
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The main themes of the book are that, empirically, SEU is false, and that normatively it imposes unnecessary constraints on rational agency. Problems with Bayesianism are introduced and it is shown that useful distinctions between risk and uncertainty (in a Keynesian sense) can be made. Some of the radical methodological changes in economics that underpin theoretical developments in decision theory and economics are also discussed.
- ISBN-100198774427
- ISBN-13978-0198774426
- EditionRevised ed.
- PublisherOUP Oxford
- Publication date10 Aug. 1995
- LanguageEnglish
- Dimensions13.82 x 1.12 x 21.59 cm
- Print length176 pages
Product description
Review
[Paul Anand makes] clearly a case for reversing the direction of much economic theorizing ― Times Higher Education Supplement
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.
Product details
- Publisher : OUP Oxford; Revised ed. edition (10 Aug. 1995)
- Language : English
- Paperback : 176 pages
- ISBN-10 : 0198774427
- ISBN-13 : 978-0198774426
- Dimensions : 13.82 x 1.12 x 21.59 cm
- Customer reviews:
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