Table of Contents

1. Homogeneous Systems in Mathematical Economics: A Comment 2. Alternative Approaches to the Theory of Choice in Risk-Taking Situations 3. The Determination of Many-Commodity Preference Scales by Two-Commodity Comparisons 4. Utilities, Attitudes, Choices: A Review Note 5. The Measurement of Price Changes 6. Rational Choice Functions and Orderings 7. Additive Logarithmic Demand Functions and the Slutsky Relations 8. Utility and Expectation in Economic Behavior 9. The Theory of Risk Aversion 10. Exposition of the Theory of Choice under Uncertainty 11. The Use of Unbounded Utility Functions in Expected-Utility Maximization: Response 12. Optimal Insurance and Generalized Deductibles 13. Risk Perception in Psychology and Economics Index

About the Author

A past president of the American Economic Association, Kenneth J. Arrow was awarded the Nobel Memorial Prize in Economic Science in 1972.