Development of expected utility theory

Valeriy Gorlachuk and Maxim Yenalyev
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Valeriy Gorlachuk: Petro Mohyla Black Sea State University, Mykolayiv

Ukrainian Journal Ekonomist, 2013, issue 3, 49-50

Abstract: Development of main stages of expected utility theory is identified in article. Role of concept of risk in modern utility theory is identified. Influence of paradox Allais for expected utility theory is described.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:uje:journl:y:2013:i:3:p:49-50

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