Luce's Paradigm for Decision under Uncertainty. Review of Utility of Gains and Losses: Measurement-Theoretical and Experimental Approaches, by R. Duncan Luce

Abstract

Robert Duncan Luce is Professor Emeritus at the Departments of Cognitive Sciences and Economics of the University of California, Irvine. He obtained a B.S. degree in aeronautical engineering and a Ph.D. in mathematics from MIT. He has worked on abstract measurement theory, perception, response times, choice under uncertainty, and many other areas. He authored or coauthored seven books (Luce & Raiffa, 1957; Luce, 1959; Krantz, Luce, Suppes, & Tversky, 1971; Luce, 1986; Suppes, Luce, Krantz, & Tversky, 1989; Luce, Krantz, Suppes, & Tversky, 1990; Luce, 1993) and edited several others. The reviewer, Peter P. Wakker, is with the Department of Medical Decision Making at the Leiden University Medical Center and with the CentER, Tilburg University, The Netherlands. He obtained a master's degree in mathematics from Nijmegen University and a Ph.D. in economics from Tilburg University. His research interests are decision and uncertainty.