Rational Choice

Rational Choice

4.11 - 1251 ratings - Source

A nontechnical, concise, and rigorous introduction to the rational choice paradigm, focusing on basic insights applicable in fields ranging from economics to philosophy.By contrast, in Anna#39;s decision problem all pairwise comparisons were equally simple (or equally complex). Second, expected utility maximization provides a utility function that is unique up to the determination of two parameters. Thus, we cananbsp;...

Title:Rational Choice
Author:Itzhak Gilboa
Publisher:MIT Press - 2010


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