Utility Theory

    At the Institute, we're expanding the way economists think about human welfare.
    By exploring the philosophical and psychological foundations of Utility Theory, we can better understand human happiness and behavior.

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    David Sainsbury: Innovation Systems

    A striking feature of the neoclassical economic theory which has been dominant in Western universities in recent years is that it has had so little to say about innovation and innovation policy which is useful for policy-makers. Read more