Year: 2016
Type: article
Abstract: Based on the correspondence between Paul Samuelson, Leonard Jimmie Savage, Milton Friedman and Jacob Marschak between May and September 1950, the article reconstructs the joint intellectual journey that led Samuelson to accept expected utility theory and Savage to revise his initial motivations for supporting it.
DOI: 10.1257/jep.30.2.219
Author: Ivan Moscati
Institution: University of Insubria
Language: English
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2290485751