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

  • Sukanto Bhattacharya

Student thesis: Doctoral Thesis

Abstract

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
LanguageEnglish
Awarding Institution
SupervisorKuldeep Kumar (Supervisor)

Cite this

Utility, Rationality and Beyond: from Behavioral Finance to Informational Finance.
Bhattacharya, S. (Author). 5 Jun 2004

Student thesis: Doctoral Thesis