Cover: Collected Papers of Kenneth J. Arrow, Volume 3: Individual Choice under Certainty and Uncertainty in HARDCOVER

Collected Papers of Kenneth J. Arrow, Volume 3: Individual Choice under Certainty and Uncertainty

Add to Cart

Product Details

HARDCOVER

$113.00 • £90.95 • €101.50

ISBN 9780674137622

Publication Date: 10/04/1984

Short

284 pages

6-1/8 x 9-1/4 inches

10 line illustrations

Belknap Press

Collected Papers of Kenneth J. Arrow

World

Related Subjects

Share This

Unlike the papers of some other great economists, those of Kenneth Arrow are being read and studied today with even greater care and attention than when they first appeared in the journals. The publication of his collected papers will therefore be welcomed by economists and other social scientists and in particular by graduate students, who can draw from them the deep knowledge and the discernment in selection of scientific problems that only a master can offer. The author has added headnotes to certain well-known papers, describing how he came to write them.

The third volume of Kenneth Arrow’s Collected Papers concerns the basic concept of rationality as it applies to an economic decision maker. In particular, it addresses the problem of choice faced by consumers in a multicommodity world and presents specific models of choice useful in economic analysis. It also discusses choice models under uncertainty, giving the basic theory and critiques of this theory based on experimental evidence and applications. Among the major papers are “Alternative Approaches to the Theory of Choice in Risk-Taking Situations,” a masterly survey of subjective probability and choice theory, and “The Theory of Risk Aversion,” an exposition of the theory of choice under uncertainty.

Recent News

From Our Blog

Cover: A Shoppers’ Paradise: How the Ladies of Chicago Claimed Power and Pleasure in the New Downtown, by Emily Remus, from Harvard University Press

Going Downtown

As a child in Chicago, Emily Remus was enchanted by the sights and sounds of its downtown. Here she tells how those early experiences influenced her in writing A Shoppers’ Paradise, a book about how women in turn-of-the-century Chicago used their consumer power to challenge male domination of public spaces and stake their own claim to downtown

‘manifold glories of classical Greek and Latin’

The digital Loeb Classical Library (loebclassics.com) extends the founding mission of James Loeb with an interconnected, fully searchable, perpetually growing virtual library of all that is important in Greek and Latin literature.