Expected utility and mathematical expectation

Authors
  • P.P. Wakker
Publication date 1987
Host editors
  • J. Eatwell
  • M. Milgate
  • P. Newman
Book title The new palgrave: a dictionary of economics
ISBN
  • 0333372352
  • 9780333372357
Pages (from-to) 229-232
Publisher London: MacMillan Press
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract In a Bayesian vein the history of, and the ideas behind, expected utility and mathematical expectation are presented at an elementary level.
Document type Chapter
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