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Foundations of Rational Choice Under Risk

By: Oxford and LSE.) Anand Paul (was a Research Fellow of Templeton College Oxford when the book was written and currently has affiliations to the Open University (Author)

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Ksh 13,500.00

Format: Paperback or Softback

ISBN-13: 9780198774426

Publisher: Oxford University Press

Publication Date: Aug 10th, 1995

Weight: 260 grams

Dimension: 21.70 x 14.20 x 1.10 cms

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Paul Anand describes and evaluates a number of existing criticisms of the formal theory of rationality and subjective expected utility theory. He provides his own axiomatic alternative account of rational choice which sets it in the context of the relation between an agent's preferences and his or her behaviour.

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