AbstractThis work covers a substantial mosaic of related concepts in utility theory as applied to financial decision-making. It reviews some of the classical notions of Benthamite utility and the normative utility paradigm offered by the von Neumann-Morgenstern expected utility theory; exploring its major pitfalls before moving into what is postulated as an entropic notion of utility.
|Date of Award||5 Jun 2004|
|Supervisor||Kuldeep Kumar (Supervisor)|
Utility, Rationality and Beyond: from Behavioral Finance to Informational Finance.
Bhattacharya, S. (Author). 5 Jun 2004
Student thesis: Doctoral Thesis