Retrospectives: How Economists Came to Accept Expected Utility Theory: The Case of Samuelson and Savage
Download full text from publisher
References listed on IDEAS
- Paul A. Samuelson, 1942. "Fiscal Policy and Income Determination," The Quarterly Journal of Economics, Oxford University Press, vol. 56(4), pages 575-605.
- Paul A. Samuelson, 1966. "A Summing Up," The Quarterly Journal of Economics, Oxford University Press, vol. 80(4), pages 568-583.
- Milton Friedman & L. J. Savage, 1948. "The Utility Analysis of Choices Involving Risk," Journal of Political Economy, University of Chicago Press, vol. 56, pages 279-279.
- Sophie Jallais & Pierre-Charles Pradier, 2005. "The Allais Paradox and its Immediate Consequences for Expected Utility Theory," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00311396, HAL.
- Philippe Mongin, 2014. "Le paradoxe d'Allais. Comment lui rendre sa signification perdue ?," Revue économique, Presses de Sciences-Po, vol. 65(5), pages 743-779.
- Bertrand R. Munier, 1991. "Nobel Laureate: The Many Other Allais Paradoxes," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 179-199, Spring.
- Samuelson, Paul A., 1950.
"Probability And The Attempts To Measure Utility (English & Japanese),"
Hitotsubashi University, vol. 1(3), pages 167-173, July.
- Samuelson, Paul A., 1950. "Probability And The Attempts To Measure Utility (English & Japanese)," Economic Review, Hitotsubashi University, vol. 1(3), pages 174-180, July.
- Kahneman, Daniel & Tversky, Amos, 1979.
"Prospect Theory: An Analysis of Decision under Risk,"
Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- Gilboa, Itzhak & Schmeidler, David, 1989. "Maxmin expected utility with non-unique prior," Journal of Mathematical Economics, Elsevier, vol. 18(2), pages 141-153, April.
- Schmeidler, David, 1989.
"Subjective Probability and Expected Utility without Additivity,"
Econometric Society, vol. 57(3), pages 571-587, May.
- David Schmeidler, 1989. "Subjective Probability and Expected Utility without Additivity," Levine's Working Paper Archive 7662, David K. Levine.
- Milton Friedman & L. J. Savage, 1952. "The Expected-Utility Hypothesis and the Measurability of Utility," Journal of Political Economy, University of Chicago Press, vol. 60, pages 463-463.
- Gerhard Tintner, 1942. "A Contribution to the Non-Static Theory of Choice," The Quarterly Journal of Economics, Oxford University Press, vol. 56(2), pages 274-306.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- repec:taf:jecmet:v:23:y:2016:i:3:p:268-288 is not listed on IDEAS
- Jean Baccelli & Philippe Mongin, 2016.
"Choice-based cardinal utility: a tribute to Patrick Suppes,"
Journal of Economic Methodology,
Taylor & Francis Journals, vol. 23(3), pages 268-288, July.
- Jean Baccelli & Philippe Mongin, 2016. "Choice-Based Cardinal Utility: a tribute to Patrick Suppes," Post-Print hal-01462299, HAL.
- Mongin , Philippe & Baccelli , Jean, 2016. "Choice - Based Cardinal Utility. A Tribute to Patrick Suppes," Les Cahiers de Recherche 1125, HEC Paris.
- Han Bleichrodt & Chen Li & Ivan Moscati & Peter P. Wakker, 2016. "Nash was a first to axiomatize expected utility," Theory and Decision, Springer, vol. 81(3), pages 309-312, September.
- Garth Heutel, 2017. "Prospect Theory and Energy Efficiency," NBER Working Papers 23692, National Bureau of Economic Research, Inc.
- Schilirò, Daniele, 2017. "Economics versus psychology.Risk, uncertainty and the expected utility theory," MPRA Paper 83366, University Library of Munich, Germany.
More about this item
- B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
- B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:jecper:v:30:y:2016:i:2:p:219-36. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael P. Albert). General contact details of provider: http://edirc.repec.org/data/aeaaaea.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.