The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained by empirical observation.


Epilogue, p. 410 - The Theory of Gambling and Statistical Logic (Revised Edition) 1977

Richard Arnold Epstein Quotes

The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained ...

The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained ...

The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained ...

The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained ...