Postulates of Rational Preference
Philosophy of SciencePublished 1 March 1967
Alex C. Michalos
Citations20
SJR quartileQ1
SJR score0.69
SNIP0.82
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Abstract
The postulates of rational preference suggested by Von Neumann and Morgenstern have been defended as descriptive or empirical generalizations and as normative principles. It is argued that the postulates are inaccurate empirical generalizations and unacceptable normative principles.
Keywords
Decision Sciences