One might otherwise seek tounderstand the role of time, or the temporal position of goods, onpreferences. To this end, outcomes are described in terms oftemporally-indexed bundles of goods, or consumption streams(for an early model of this kind see Ramsey 1928; a later influentialtreatment is Koopmans 1960). There may be systematic structure to anagent’s preferences over […]
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Decision Theory Stanford Encyclopedia of Philosophy
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