This paper seeks to survey the literature in economics, philosophy, mathematics, and statistics on the subject of choice among alternatives the consequences of which are not certain. Attention is centered on the suggested modes of describing uncertainty and on the theories of rational and actual behavior of in individuals making choices.
MLA
Arrow, Kenneth J.. “Alternative Approaches to the Theory of Choice in Risk-Taking Situations.” Econometrica, vol. 19, .no 4, Econometric Society, 1951, pp. 404-437, https://www.jstor.org/stable/1907465
Chicago
Arrow, Kenneth J.. “Alternative Approaches to the Theory of Choice in Risk-Taking Situations.” Econometrica, 19, .no 4, (Econometric Society: 1951), 404-437. https://www.jstor.org/stable/1907465
APA
Arrow, K. J. (1951). Alternative Approaches to the Theory of Choice in Risk-Taking Situations. Econometrica, 19(4), 404-437. https://www.jstor.org/stable/1907465
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