Decision Theory: The Next 100 Years?

Peter C Fishburn

Economic Journal, 1991, vol. 101, issue 404, 27-32

Abstract: This paper discusses historical episodes, trends from the past half century, and projections for the next century in decision theory. In the future, computers will play a much greater role; experimental research on decision behavior will flourish; better models for vagueness, ambiguity, and time effects will emerge; a robust holistic theory that combines descriptive and normative influences will be developed; and nontraditional voting systems and methods of proportional representation will be widely adopted. Copyright 1991 by Royal Economic Society.

Date: 1991
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