Titlebook: Decision-Making under Uncertainty; Tapan Biswas Textbook 1997Latest edition Tapan Biswas 1997 agents.economic theory.economics.game theory

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Non-Expected Utility Theoriesmaking under uncertainty. This led to a search for alternative theories of choice under uncertainty. In this chapter, we shall discuss some alternatives called non-expected utility theories, which have recently attracted the attention of many behavioural scientists. The expected utility functional,

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Games and Collective Decisions may be better off than playing a non-cooperative game. In many ways, recent developments in game theory place greater emphasis on non-cooperative game theory than on cooperative games. Perhaps the one-shot Prisoners’ Dilemma type of games has gained more than its fair share of importance in the eco