Utility, Rationality and Beyond: from Behavioral Finance to Informational Finance.

  • Sukanto Bhattacharya

Student thesis: Doctoral Thesis


This 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 Award5 Jun 2004
Original languageEnglish
SupervisorKuldeep Kumar (Supervisor)

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