Utility and Probability
- Binding: Hardcover
- Publisher: W W Norton & Co Inc
- Publish date: 04/01/1990
Description:
For over two hundred years, economists, mathematicians and philosophers have been active in formulating theories of rational behavior, by which is meant simply the well-ordered pursuit of well-defined goals by an individual or a society. These theories have been organized around the concepts of preference, probabilities, and opportunities, all of which are dealt with at length in these essays on Utility and Probability.
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