
136Production under Uncertainty and Choice under Uncertainty in the Emergence of Generalized Expected Utility TheoryTheory and Decision 51 (2/4): 125144. 2001.This paper presents a personal view of the interaction between the analysis of choice under uncertainty and the analysis of production under uncertainty. Interest in the foundations of the theory of choice under uncertainty was stimulated by applications of expected utility theory such as the Sandmo model of production under uncertainty. This interest led to the development of generalized models including rankdependent expected utility theory. In turn, the development of generalized expected ut…Read more

119Globalization and economic sovereigntyJournal of Political Philosophy 9 (1). 2001.In this paper, attention will focus primarily on economic and financial aspects of the globalization debate, and on their implications for public policy. Nevertheless, these issues cannot be separated from their historical and political context. The current discussion of globalization can only be understood in relation to the development of economic and political institutions over the past century. Globalization is frequently discussed as a counterpoint to national sovereignty. It is commonly as…Read more

68Games without rulesTheory and Decision 63 (4): 315347. 2007.We introduce the notion of an outcome space, in which strategic interactions are embedded. This allows us to investigate the idea that one strategic interaction might be an expanded version of another interaction. We then characterize the Nash equilibria arising in such extensions and demonstrate a folktype theorem stating that any individually rational element of the outcome space is a Nash equilibrium

47Economic choice in generalized expected utility theoryTheory and Decision 38 (2): 153171. 1995.

38Uncertainty, production, choice, and agency: the statecontingent approachCambridge University Press. 2000.This book demonstrates that the statecontingent approach provides the best way to think about all problems in the economics of uncertainty, including problems ...

38Supermodularity and the comparative statics of riskTheory and Decision 62 (2): 97117. 2007.In this article, it is shown that a wide range of comparative statics results from expected utility theory can be extended to generalized expected utility models using the tools of supermodularity theory. In particular, a range of concepts of decreasing absolute risk aversion may be formulated in terms of the supermodularity properties of certainty equivalent representations of preferences

27The value of information and the value of awarenessTheory and Decision 80 (2): 167185. 2016.Recent literature has examined the problem facing decision makers with bounded awareness, who may be unaware of some states of nature. A question that naturally arises here is whether a value of awareness, analogous to value of information, can be attributed to changes in awareness. In this paper, such a value is defined. It is shown that the sum VOA +\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage…Read more

11Justification Logic with ConfidenceStudia Logica 128. forthcoming.Justification logics are a family of modal logics whose nonnormal modalities are parametrised by a typetheoretic calculus of terms. The first justification logic was developed by Sergei Artemov to provide an explicit modal logic for arithmetical provability in which these terms were taken to pick out proofs. But, justification logics have been given various other interpretations as well. In this paper, we will rely on an interpretation in which the modality \ is read ‘S accepts \ as justificat…Read more

9Dynamic awareness and zero probability beliefsTheory and Decision 83 (3): 309313. 2017.In this note, it is shown that in a Bayesian model with unawareness of impossible, or vanishingly improbable, events, awareness can only change after such an improbable event has actually been observed.

7Free trade and economic integration with the United States : A critical viewDialogue: Academy of the Social Sciences in Australia. 22 (2): 3337. 2003.The debate over a possible Free Trade Agreement (FTA) with the United States is complicated to the point that the famous SchleswigHolstein question seems straightforward by comparison. As a result, the debate has been fragmented into a series of arguments on separate issues, more or less ensuring that it will not reach any satisfactory conclusion

6Zombie Economics: How Dead Ideas Still Walk Among UsPrinceton University Press. 2010.But the book contributes much more. Its discussion of how macroeconomics developed, and the ideology that has grown up around it, is every bit as important and interesting."Mark Thoma, University of Oregon "This is a terrific book.

5Adelaide Festival of Ideas session, Bonython Hall, 2:30pm, Saturday 9 July, 2005. Chaired by Ian Henschke.

1Symposium on Globalization: Globalization and Economic SovereigntyJournal of Political Philosophy 9 (1): 5680. 2001.

University of QueenslandRegular Faculty
Brisbane, Queensland, Australia
Areas of Interest
Epistemology 
Social and Political Philosophy 