Förlagets beskrivning
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 the Handbook of Utility Theory is to
make more widely available some recent developments in the area. The editors
selected a list of topics that seemed ripe enough to be covered by review
articles. Then they invited contributions from researchers whose expert work
had come to their attention. So the list of topics and contributors is largely
the editors' responsibility. Each contributor's chapter has been refereed, and
revised according to the referees' remarks. Whereas Volume I of the Handbook of
Utility Theory is largely concentrated on basic theory, the present volume is
concerned with extensions and applications to other branches of economic
theory. Taken together, these first two vo
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Handbook of Utility Theory: Volume 2: Extensions
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