Utility — This article is about the economic concept. For other uses, see Utility (disambiguation). Part of a series on Utilitarianism … Wikipedia
Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… … Wikipedia
Hartwick's rule — In resource economics, Hartwick s Rule defines the amount of investment in produced capital (buildings, roads, knowledge stocks, etc.) that is needed to exactly offset declining stocks of non renewable resources. This investment is undertaken so… … Wikipedia
Utilitarianism — This article discusses utilitarian ethical theory. For a discussion of John Stuart Mill s book Utilitarianism, see Utilitarianism (book). For the architectural theory, see Utilitarianism (architecture) Part of a series on … Wikipedia
Rational choice theory — This article is about a theory of economics. For Rational Choice Theory as applied to criminology, see Rational choice theory (criminology). Economics … Wikipedia
Sidgwick, Henry — Sidgwick C.A.J.Coady Unlike John Stuart Mill or Jeremy Bentham, Henry Sidgwick’s is hardly a household name in intellectual circles beyond the world of professional philosophy. His standing amongst many contemporary moral philosophers as possibly … History of philosophy
Edmund Phelps — Infobox Scientist name = Edmund Phelps image size = 180px caption = Phelps at the Nobel Prize Press Conference, 2006 birth date = Birth date and age|1933|7|26|mf=y birth place = Evanston, Illinois, U.S. nationality = United States field =… … Wikipedia
Bayesian game — In game theory, a Bayesian game is one in which information about characteristics of the other players (i.e. payoffs) is incomplete. Following John C. Harsanyi s framework, a Bayesian game can be modelled by introducing Nature as a player in a… … Wikipedia
Efficient-market hypothesis — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
The Nature of Rationality — is an exploration of practical rationality written by Robert Nozick and published in 1993. It views human rationality as an evolutionary adaptation. Its delimited purpose and function may be responsible for biases and blind spots, possibly… … Wikipedia
economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… … Universalium