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Microeconomic TheoryA Concise Course$
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James Bergin

Print publication date: 2005

Print ISBN-13: 9780199280292

Published to Oxford Scholarship Online: July 2005

DOI: 10.1093/0199280290.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 14 October 2019

Decision Theory

Decision Theory

Chapter:
(p.1) 1 Decision Theory
Source:
Microeconomic Theory
Author(s):

James Bergin (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199280290.003.0001

Deals with decision theory. The coverage includes decision making under risk and uncertainty. The theories of vonNeumann–Morgenstern and Savage are reviewed, along with recent developments in the field.

Keywords:   ambiguity aversion, independence, preference orderings, rank order utility, risk, sure-thing principle, uncertainty, weighted utility

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