First Published in 1969. Routledge is an imprint of Taylor & Francis, an informa company....
Published May 30th 2014 by Routledge
On the Empirical Failure of Expected Utility
For several decades, the orthodox economics approach to understanding choice under risk has been to assume that each individual person maximizes some sort of personal utility function defined over purchasing power. This new volume contests that even the best wisdom from the orthodox theory has not...
Published February 3rd 2014 by Routledge