Uncertain Decisions

Bridging Theory and Experiments

  • Luigi┬áLuini

Table of contents

  1. Front Matter
    Pages i-xxxi
  2. Non-expected Utility Theory

  3. Non-expected Utility Applications

  4. New Departures from Classical Decision Theory

    1. Front Matter
      Pages 183-183
    2. Antoine Billot
      Pages 185-213
    3. Itzhak Gilboa, David Schmeidler
      Pages 215-235
  5. Value to Real World: the Experimental Contribution

    1. Front Matter
      Pages 261-261
    2. Kenneth R. MacCrimmon
      Pages 263-291
    3. Claudio Borelli, Alessandro Innocenti, Luigi Luini
      Pages 319-341
  6. Back Matter
    Pages 343-351

About this book


Uncertain Decisions: Bridging Theory and Experiments presents advanced directions of thinking on decision theory - in particular the more recent contributions on non-expected utility theory, fuzzy decision theory and case-based theory. This work also provides theoretical insights on measures of risk aversion and on new problems for general equilibrium analysis. It analyzes how the thinking that underlies the theories described above spills over into real decisions, and how the thinking that underlies these real decisions can explain the discrepancies between theoretical approaches and actual behavior. This work elaborates on how the most recent laboratory experiments have become an important source both for evaluating the leading theory of choice and decision, and for contributing to the formation of new models regarding the subject.


decision theory economics equilibrium general equilibrium strategy utility utility theory

Editors and affiliations

  • Luigi┬áLuini
    • 1
  1. 1.University of SienaItaly

Bibliographic information

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