Salvador Barbera

Handbook of Utility Theory: Volume 2 Extensions Salvador Barbera

Description for Sales People: Title is also available as part of a set: Handbook of Utility Theory (978-1-4020-7965-8) Table of Contents: Preface. 14. Alternatives to Expected Utility: Foundations; R. Sugden. 15. Alternatives to Expected Utility: Formal Theories; U. Schmidt. 16. State-Dependent Utility and Decision Theory; J. H. Dreze, A. Rustichini. 17. Ranking Sets of Objects; S. Barbera, W. Bossert, P. K. Pattanaik. 18. Expected Utility in Non-Cooperative Game Theory; P. J. Hammond. 19. Utility Theories in Cooperative Games; M. Kaneko, M. H. Wooders. 20. Utility in Social Choice; W. Bossert, J. A. Weymark. 21. Interpersonally Comparable Utility; M. Fleurbaey, P. J. Hammond. Subject Index. Name Index."Marc Notes: Includes bibliographical references and index. Publisher Marketing: The standard rationality hypothesis implies that individual behaviour can be represented as the maximization of a suitably restricted utility function. This hypothesis lies at the heart of a large body of economics, of course, but also in political science, ethics, and other major branches of the social sciences. Though this hypothesis of utility maximization deserves our continued respect, finding further refinements and developing new critiques remain areas of active research. The main purpose of this Handbook is to make more widely available some recent developments in the area. Whereas Volume I is largely concentrated on basic theory, the present volume is concerned with extensions and applications to other branches of economic theory. These first two volumes contain all the purely theoretical material that the editors planned to cover. Chapters on experimental and empirical research on utility, and on the history of utility theory will appear in Volume III.