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Your search for "Morgenstern, O." over the article keywords returned 30 results.

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1. Morgenstern, Oskar (1902–1977)

Morgenstern was born in Goerlitz, Silesia, on 24 January 1902. He died on 26 July 1977 at his home in Princeton, New Jersey. The two main intellectual ...

By Martin Shubik. From The New Palgrave Dictionary of Economics, Second Edition, 2008

2. Vorob'ev, Nikolai N. (1925–1995)

Nikolay Vorob'ev is commonly regarded as the founder and the leader of game-theoretic school in the former Soviet Union. Vorob'ev was born on 18 September ...

By Leon A. Petrosyan. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. interpersonal utility comparisons

Although we all make interpersonal utility comparisons, many economists and philosophers argue that our limited information about other people's minds ...

By John C. Harsanyi. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. psychological games

Traditional game-theoretic models assume that utilities depend only on actions. This is not sufficient for describing the motivations and choices of decision ...

By Martin Dufwenberg. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. Harsanyi, John C. (1920–2000)

John Harsanyi worked to extend the general theoretical framework of economic analysis. He established the modern basis for utilitarian ethics. He developed ...

By Roger B. Myerson. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. risk sharing

Agents increase their expected utility by using state-contingent transfers to share risk; many institutions seem to play an important role in permitting ...

By Ethan Ligon. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. risk

The phenomenon of risk plays a pervasive role in economics. Without it, financial and capital markets would consist of the exchange of a single instrument ...

By Mark J. Machina and Michael Rothschild. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. epistemic game theory: an overview

The following three articles survey some aspects of the foundations of non-cooperative game theory. The goal of work in foundations is to examine in detail ...

By Adam Brandenburger. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. Ramsey, Frank Plumpton (1903–1930)

There are interesting parallels in the careers of Frank Ramsey and John von Neumann. Each was born in 1903, one the product of the ‘High Intelligentsia ...

By Peter Newman. From The New Palgrave Dictionary of Economics, Second Edition, 2008

10. ambiguity and ambiguity aversion

Experimental evidence strongly suggests that subjects facing a decision under uncertainty often find it difficult to assess the relative likelihood of ...

By Marciano Siniscalchi. From The New Palgrave Dictionary of Economics, Second Edition, 2008