Additive Representations of Preferences A New Foundation of Decision Analysis

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This book represents a very real and important contribution to the mathematics of decision theory.



The distinguishing feature of Wakker's approach is that he has no need of a reference experiment.



There are further results aplenty and much for the decision theorist to ponder. These results will also help psychologists, economists and others formulate and test models of decision-making behaviour.



By any standards its publication is a landmark ... excellent survey and summary of the literature on additive preference models. Each page represents the distillation of much thought. As a consequence, it is a book that rewards reading and rereading. Wakker's results and methods of proof will enlighten research into decision theory for many years.
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British Journal of Mathematical and Statistical Psychology, 43, 1990