Marqués, Gustavo; Weisman, Diego - In: Economía 36 (2011) 31, pp. 55-83
The paper shows the main problems faced by Expected Utility Theory, focusing on the sort of conceptual change … introduced by Prospect Theory and suggesting that it could be characterized as a case of incommensurability in the Kuhnean sense …. It is suggested that conventional decision theory could be the base of standard economics (interpreted as normative …