Book contents
- Frontmatter
- THE LECTURES
- 1 The Economics of Incentives: An Introductory Account (1983)
- 2 On the Theory of Perfect Competition (1984)
- 3 On the Role of "Dutch Books" in the Theory of Choice Under Risk (1985)
- 4 Rationality and Bounded Rationality (1986)
- 5 On the Mechanics of Economic Development (1987)
- 6 Knightian Uncertainty (1988)
- 7 Evolution, Learning, and Economic Behavior (1989)
- 8 Experimental Economics: Behavioral Lessons for Microeconomic Theory and Policy (1990)
- 9 Habits, Addictions, and Traditions (1991)
- 10 Issues in Social Insurance (1993)
- 11 Negotiation with Private Information: Litigation and Strikes (1994)
- 12 Economic Survival (1995)
- 13 Shirtsleeves to Shirtsleeves: The Economics of Social Mobility (1996)
3 - On the Role of "Dutch Books" in the Theory of Choice Under Risk (1985)
Published online by Cambridge University Press: 05 January 2013
- Frontmatter
- THE LECTURES
- 1 The Economics of Incentives: An Introductory Account (1983)
- 2 On the Theory of Perfect Competition (1984)
- 3 On the Role of "Dutch Books" in the Theory of Choice Under Risk (1985)
- 4 Rationality and Bounded Rationality (1986)
- 5 On the Mechanics of Economic Development (1987)
- 6 Knightian Uncertainty (1988)
- 7 Evolution, Learning, and Economic Behavior (1989)
- 8 Experimental Economics: Behavioral Lessons for Microeconomic Theory and Policy (1990)
- 9 Habits, Addictions, and Traditions (1991)
- 10 Issues in Social Insurance (1993)
- 11 Negotiation with Private Information: Litigation and Strikes (1994)
- 12 Economic Survival (1995)
- 13 Shirtsleeves to Shirtsleeves: The Economics of Social Mobility (1996)
Summary
I am honored to have been asked to deliver this lecture in memory of Nancy Schwartz. We who knew her as friend and colleague share a sadness that these lectures should take place in her memory rather than in her presence. Because Nancy Schwartz was professor of decision sciences at this University, it was felt that a memorial lecture devoted to the foundations of decision science - the theory of choice under risk - would be appropriate. My task is to be both general and specific at the same time. Generality alone (attempting to survey the field as a whole) would not have been feasible, and specificity alone (attempting to analyze a specific research problem) would not have been proper. My approach will consist, therefore, of trying to be general in scope but specific in point of view.
- Type
- Chapter
- Information
- Frontiers of Research in Economic TheoryThe Nancy L. Schwartz Memorial Lectures, 1983–1997, pp. 33 - 46Publisher: Cambridge University PressPrint publication year: 1998
- 4
- Cited by