Axiomatic Theories of Choice, Cardinal Utility and Subjective Probability: a review

Abstract

Most of the papers collected in this volume rely, explicitly or implicitly, upon (i) a formal description of uncertainty situations in terms of the concepts of events, acts and consequences; and (ii) an axiomatic theory of individual choices, which justifies the representation of preferences among acts by their expected utility. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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