The History and Methodology of Expected Utility

by Ivan Moscati

This Element offers an accessible but technically detailed review of expected utility theory (EU), which is a model of individual decision-making under uncertainty that is central for both economics and philosophy. The Element's approach falls between the history of ideas and economic methodology. At the historical level, it reviews EU by following its conceptual evolution from its original formulation in the eighteenth century through its transformations...

• Format: Paperback
• Language: English
• ISBN: 1009198262
• ISBN13: 9781009198264
• Release Date: August 2023
• Publisher: Cambridge University Press
• Length: 75 Pages
• Weight: 0.29 lbs.
• Dimensions: 0.2" x 6.0" x 9.0"