4132 results
Sort by:
In: Princeton Legacy Library
In: History of political economy, Volume 30, Issue 3, p. 413-426
ISSN: 1527-1919
In: Economica, Volume 33, Issue 131, p. 347
In: Economica, Volume 17, Issue 68, p. 355
In: Journal of political economy, Volume 58, Issue 5, p. 373-396
ISSN: 1537-534X
In: Journal of political economy, Volume 58, Issue 4, p. 307-327
ISSN: 1537-534X
In: International Economic Review, Volume 59, Issue 2, p. 537-555
SSRN
In: Mathematical social sciences, Volume 113, p. 116-135
In: American political science review, Volume 74, Issue 4
ISSN: 0003-0554
In: Economica, Volume 20, Issue 80, p. 356
In: The Economic Journal, Volume 76, Issue 303, p. 611
In: The journal of conflict resolution: journal of the Peace Science Society (International), Volume 29, Issue 3, p. 473-502
ISSN: 1552-8766
A continuous-outcome expected utility model is presented that generalizes the expected utility theory of Bueno de Mesquita. An examination of the more general model uncovers several unstated assumptions within and produces new conclusions from, while supporting the basic logic of, the expected utility theory. Among the new conclusions is the finding that nations shifting their level of acceptable outcomes to a conflict upward or downward after fighting starts is perfectly consistent with a rational model. The derivations demonstrate the value of theoretical articulation, a task too often neglected in quantitative international relations, and provide a sound logical basis for the construction of systemic theories based upon the expected utility theory.