Notes On The Theory Of Choice (Hardcover)

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.The course begins with the basics of choice and revealed preference theory and then discusses numerical representations of ordinal preference. Models with uncertainty come next: First is von Neumann?Morgenstern utility, and then choice under uncertainty with subjective uncertainty, using the formulation of Anscombe and Aumann, and then sketching the development of Savage's classic theory. Finally, the course delves into a number of special topics, including de Finetti's theorem, modeling choice on a part of a larger problem, dynamic choice, and the empirical evidence against the classic models.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Release date:	June 2019
First published:	1988
Authors:	David Kreps
Dimensions:	216 x 138 x 5mm (L x W x T)
Format:	Hardcover
Pages:	227
ISBN-13:	978-0-367-09861-2
Categories:	Books > Social sciences > Sociology, social studies > Social institutions > General Books > Social sciences > Sociology, social studies > Social issues > General
LSN:	0-367-09861-X
Barcode:	9780367098612

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