The book presents a concise yet mathematically complete treatment of modern utility
theories that covers nonprobabilistic preference theory, the von Neumann-Morgenstern
expected-utility theory and its extensions, and the joint axiomatization of utility and
subjective probability. Descriptors:

Fishburn is to be credited with a major contribution in having written the most
comprehensive logically organized exposition of what appears to be the presently most
important area of mathematical decision theory. He provides a detailed study, through
numerous axiomatizations and theorems, of the algebraic structure of preference and its
interaction with uncertainty. Many of the results were hitherto available only in widely
scattered sources or were recently derived by the author. My understanding of the …