Risky Curves: On the Empirical Failure of Expected Utility By Daniel Friedman, R. Mark Isaac, Duncan James, Shyam Sunder
2017 | 140 Pages | ISBN: 1138096466 | PDF | 10 MB
2017 | 140 Pages | ISBN: 1138096466 | PDF | 10 MB
The book shows that mainstream economics has no empirical foundation because the utility theory is beyond any empirical verification.