Items related to Foundations of Rational Choice Under Risk
Synopsis
The author describes and evaluates a number of existing criticisms of the formal theory of rationality and subjective expected utility theory. The latter rests on axioms that are usually regarded as principles of rationality; that is, principles that a rational person would never want to violate. The author claims that these axioms cannot be shown to be principles of rationality in this sense and provides his own axiomatic alternative account of rational choice. He finds that rationality is not a behavioural entity, but rather has to do with the relation between an agent's preferences and his or her behaviour. The book rejuvenates the old risk uncertainty distinction and draws together many of the critiques of the standard axioms such as transitivity and independence.
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Review
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)
[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.
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- PublisherOxford University Press
- Publication date1993
- ISBN 10 0198233035
- ISBN 13 9780198233039
- BindingHardcover
- LanguageEnglish
- Edition number1
- Number of pages176
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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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Foundations of Rational Choice Under Risk
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ISBN 10: 0198233035
ISBN 13: 9780198233039
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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
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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
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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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