-
3Decision-making under risk: when is utility-maximization equivalent to risk-minimization?Theory and Decision 1-16. forthcoming.Motivated by the analysis of a general optimal portfolio selection problem, which encompasses as special cases an optimal consumption and an optimal debt-arrangement problem, we are concerned with the questions of how a personality trait like risk-perception can be formalized and whether the two objectives of utility-maximization and risk-minimization can be both achieved simultaneously. We address these questions by developing an axiomatic foundation of preferences for which utility-maximizatio…Read more
-
19Social welfare relations and irregular setsAnnals of Pure and Applied Logic 174 (9): 103302. 2023.
-
Montclair State UniversityRegular Faculty
Montclair, New Jersey, United States of America
Areas of Interest
Philosophy of Mathematics |
Philosophy of Social Science |