Handbook of Utility Theory
Broschiertes Buch

Handbook of Utility Theory

Volume 2 Extensions

Herausgegeben: Barbera, Salvador; Hammond, Peter; Seidl, Christian
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The standard rationality hypothesis is 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 the social sciences. Though this hypothesis of utility maximization deserves our continued respect, finding further refinements and developing new critiques remain areas of active research. In fact, many fundamental conceptual problems remain unsettled. Where others have been resolved, their resolutions ma...