David Kreps

Notes On The Theory Of Choice (eBook, ePUB)

• Format: ePub

Produktbeschreibung

In this book, Professor Kreps presents a first course on the basic models of choice theory that underlie much of economic theory. This course, taught for several years at the Graduate School of Business, Stanford University, gives the student an introduction to the axiomatic method of economic analysis, without placing too heavy a demand on mathematical sophistication.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 228
• Erscheinungstermin: 4. Mai 2018
• Englisch
• ISBN-13: 9780429978241
• Artikelnr.: 62171930

Autorenporträt

David Kreps

Inhaltsangabe

Introduction
Preference Relations and Revealed Preference
Ordinal Utility
Choice Under Uncertainty: Formulations and Representations
Von NewmannMorgenstern Expected Utility
Utility Functions for Money
Horse Race Lotteries and Roulette Wheels
Subjective Probability
Savages Theory of Choice Under Uncertainty
Conditional Preference, Conditional Probability, and Contingent Choice
Independence, Exchangeability, and de Finettis Theorem
Normative Uses of These Models on SubprobleMs. Dynamic Choice Theory and the Choice of Opportunity Sets
The Experimental Evidence