4 ms·
Expected utility theory, if anything, is more scrutinized than the labor theory of value. They gave Kahneman the econ Nobel for (among other things) documentin
by QuesnayJr 7y ago
Expected utility theory, if anything, is more scrutinized than the labor theory of value. They gave Kahneman the econ Nobel for (among other things) documenting empirical failings of expected utility.