Unlearning Economics is a UK based economist who is interested in pluralist approaches to the subject. He has a PhD in economics and is currently doing a postdoc, alongside occasional blogging. You can follow him on Twitter @unlearningecon.

February 6, 2020


Decision Making in a Dynamic World

Exploring the limits of Expected Utility

I once wrote a post criticizing modern microeconomic models as both overly complex and unrealistic, leading their practitioners into theoretical dead ends without much corresponding increase in explanatory power. I suggested the entire enterprise of Expected Utility (EU) was a…