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PURITY, RESISTANCE, and INNOCENCE IN UTILITY THEORY

机译:效用理论中的纯度,抵抗力和纯真

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This note addresses 3 issues that seem to pervade much of economic thought about individual decisions among uncertain alternatives: (1) Restricting primitives to just orderings of first-order gambles and not admitting, e.g., compound acts or joint receipt of consequences and gambles. (2) Great resistance to experimental findings that strongly suggest that most current theories fail descriptively. (3) Taking for granted the innocence of some assumptions when, in fact, they are not innocent, e.g., that constant acts are idempotent. My conclusion is that these restrictions have greatly inhibited developments in utility theory.
机译:本注释解决了3个问题,这些问题似乎在不确定的选择中占据了很多关于个人决策的经济学思想:(1)将原语限制为仅一阶赌博的排序,并且不接受例如复合行为或后果和赌博的联合接受。 (2)对实验结果的强烈抵触,强烈表明大多数当前理论在描述上都失败了。 (3)当某些假设实际上是非纯的时,例如某些恒定行为是幂等的,则认为它们是无辜的是理所当然的。我的结论是,这些限制极大地抑制了效用理论的发展。

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