Expected Utility Hypothesis - Selected References -

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A. Alchian (1953) "The Meaning of Utility Measurement", American Economic Review, Vol. 43, p.26-50.

M. Allais (1953) "La psychologie de l'home rationnel devant le risque: critique des postulats et axiomes de l'école Américaine", Econometrica, Vol. 21 (4), p.503-46. Translated and reprinted in Allais and Hagen, 1979.

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M. Allais and O. Hagen (1979), editors, Expected Utility Hypotheses and the Allais Paradox. Dordrecht: D. Reidel.

B. Allen (1987) "Smooth Preferences and the Approximate Expected Utility Hypothesis", Journal of Economic Theory, Vol. 41, p.340-55.

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S.H. Chew, E. Karni and Z. Safra (1987) "Risk Aversion and the Theory of Expected Utility with Rank-Dependent Probabilities", Journal of Economic Theory, Vol. 42, p.370-81.

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D. Ellsberg (1954) "Classic and Current Notions of "Measurable Utility"", Economic Journal, Vol. 64, p.528-56.

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E. Karni (1985) Decision Making Under Uncertainty: The case of state-dependent preferences. Cambridge, Mass: Harvard University Press.

E. Karni (1996) "Probabilities and Beliefs", Journal of Risk and Uncertainty, Vol. 13, p.249-62.

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E. Karni and D. Schmeidler (1991) "Utility Theory with Uncertainty", in Hildenbrand and Sonnenschein, editors, Handbook of Mathematical Economics, Vol. IV. Amsterdam: North-Holland.

E. Karni, D. Schmeidler and K. Vind (1983) "On State-Dependent Preferences and Subjective Probabilities", Econometrica, Vol. 51 (4), p.1021-31.

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