'Interpersonal comparisons' presentation slideshows

Expected Utility Theory

Expected Utility Theory. How to deal with uncertainty. Introduction. we have talked about individual decision making in the absence of uncertainty in reality, we usually make decision under uncertainty example: 1 . uncertainty from product quality (second-hand vehicle)

2.34k views • 37 slides

Preference Issues in Group Decision Making

Preference Issues in Group Decision Making. David L. Olson Texas A&M University INFORMS San Antonio. Ideal. Objective measures Max Weber: Rational organization labor grouped in factories; populations massed in cities; technical control; advertising;

299 views • 29 slides

Neoclassical Revival

599 views • 16 slides

Measuring Societal Welfare: Concepts and Objections.

Measuring Societal Welfare: Concepts and Objections. This course is about measuring and comparing aspects of wellbeing. Before we do so we need to look at some theoretical foundations for, and objections to, the activity. The Social Welfare Function.

254 views • 14 slides