Handbook of Utility Theory: Volume 1: Principles - Hardcover

 
9780792381747: Handbook of Utility Theory: Volume 1: Principles

Synopsis

The standard rationality hypothesis implies that behaviour can be represented as the maximization of a suitably restricted utility function. This hypothesis lies at the heart of a large body of recent work in economics, of course, but also in political science, ethics, and other major branches of social sciences. Though the utility maximization hypothesis is venerable, it remains an area of active research. Moreover, some fundamental conceptual problems remain unresolved, or at best have resolutions that are too recent to have achieved widespread understanding among social scientists.
The main purpose of the Handbook of Utility Theory is to make recent developments in the area more accessible. The editors selected a number of specific topics, and invited contributions from researchers whose work had come to their attention. Therefore, the list of topics and contributions is largely the editors' responsibility. Each contributor's chapter has been refereed, and revised according to the referees' remarks.
This is the first volume of a two volume set, with the second volume focusing on extensions of utility theory.

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Review

`... will be welcomed by anybody interested in the foundations and problems of utility theory... this is a very valuable handbook...'
Kyklos, 53:1 (2000)

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Other Popular Editions of the Same Title

9781461499756: Handbook of Utility Theory: Volume 1: Principles

Featured Edition

ISBN 10:  1461499755 ISBN 13:  9781461499756
Publisher: Springer, 2014
Softcover