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Titlebook: Recent Developments in the Foundations of Utility and Risk Theory; L. Daboni,A. Montesano,M. Lines Book 1986 D. Reidel Publishing Company,

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The Present State of Utility Theory/22/ and recalled here that such violations are in fact fruitful explanations of possible actual behaviors and can be considered as rational..Our younger followers should seek a synthesis of these schools.
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Aggregate Revealed Preferences and Random Utility Theoryealistic but nonetheless rigorous way to give semantic truth to the axioms of Hicks and Allen’s Ordinal Utility theory (that is, to play the role that can be attributed to Samuelson’s Test on coherence of . choice).
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Some Questions about Bayesian Decision Theoryel’, representation or blueprint) containing undefined constants (parameters), together with (2) a less formal ‘interpretation’ of those parameters, expressed for the most part in non-technical layman’s language. If the interpreted axioms are then regarded as empirical assertions, the resulting . is
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Regret, Recrimination and Rationality1ions of expected utility theory (Loomes and Sugden, 1982, 1983a and 1983b; see also Bell, 1982). Our . starts from the following idea. Suppose someone has to choose between two actions, A. and A , in conditions of uncertainty. He or she does not know which of a number of states of the world will occ
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