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I was born in Budapest, Hungary, on May 29, 1920. The high school my parents chose for me was the Lutheran Gymnasium in Budapest, one of the best schools in Hungary, with such distinguished alumni as John von Neumann and Eugene Wigner. I was very happy in this school and received a superb...
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People's utility levels are meant to be measures of their well-being. Early utilitarians defined them in terms of people's happiness. Modern economics defines them in terms of people's actual preferences. But in ethics they have to be defined in terms of people's informed preferences. I shall...
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The authors, two of the most prominent game theorists of this generation, have devoted a number of years to the development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the...
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