KEYNES,J.M. DECISION-THEORY, A TECHNICAL NOTE

Authors
BRADY ME
Citation
Me. Brady, KEYNES,J.M. DECISION-THEORY, A TECHNICAL NOTE, Psychological reports, 74(2), 1994, pp. 465-466
Citations number
6
Categorie Soggetti
Psychology
Journal title
Psychological reports → ACNP
ISSN journal
00332941
Volume
74
Issue
2
Year of publication
1994
Pages
465 - 466
Database
ISI
SICI code
0033-2941(1994)74:2<465:KDATN>2.0.ZU;2-7
Abstract
It is demonstrated mathematically that both the expected monetary valu e and linear, risk-neutral, subjective, expected utility rules are spe cial cases of J. M. Keynes' weighted monetary value rule.