Abstract
| - Introduction, 509. — I. Fisher's theory of investment decision: interpretation and reformulation, 510. — II. Choice-theoretic approaches to investment decision under uncertainty, 516. — III. The mean, variability approach, 518. — IV. The state-preference approach, 523. — V. Risk aversion and the uniqueness assumption, 531. — VI. Concluding remark, 534. — Appendix: Scaling of utility-of-income functions conditional upon state, 534.
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