The paper lists salient characteristics of the certainty theory of consumer choice and discusses the import of prominent empirical analyses of the theory. All of them reject the theory's empirical relevance which suggests that the theory is unfit to analyze consumer choice in an uncertain world....

Contents -- To the Reader -- Acknowledgments -- 1 Introduction -- 2 A Vision of a Science of Economics -- 3 Empirical Relevance -- 4 Qualitative Response Models -- 5 A Cross-Section Analysis of an Economic Theory -- 6 Theory-Data Confrontations with Time-Series Data -- 7 Analysis of Positively...