Revision history for comment 812

Edited by Thomas Klimpel Apr 20 2017 09:17 UTC

This paper [appeared][1] in February 2016 in the peer reviewed interdisciplinary journal Chaos by the American Institute of Physics (AIP).

It has been reviewed publicly by amateurs both [favorably][2] and [unfavorably][3]. The favorable review took the last sentence of the abstract ("These invalidate a commonly cited argument for bounded utility functions.") as the main message of the paper. The unfavorable review regards this merely as a side argument, and instead evaluates "this paper, which claims to present a new and preferred way (compared to expected utility) of evaluating gambles, as well as major rethinking of economic theory" on the basis that it would propose a revolutionary new perspective on decision theory.

[1]: http://scitation.aip.org/content/aip/journal/chaos/26/2/10.1063/1.4940236
[2]: http://chat.stackexchange.com/transcript/message/36749024#36749024
[3]: https://www.reddit.com/r/badeconomics/comments/44823o/econophysics_comes_to_rescue_evaluating_gambles/

Thomas Klimpel commented on Evaluating gambles using dynamics Apr 20 2017 09:16 UTC

This paper [appeared][1] in February 2016 in the peer reviewed interdisciplinary journal Chaos by the American Institute of Physics (AIP).

It has been reviewed publicly by amateurs both [favorably][2] and [unfavorably][3]. The favorable review took the last sentence of the abstract ("These invalidate a commonly cited argument for bounded utility functions.") as the main message of the paper. The unfavorable review regards this merely as a side argument, and instead instead evaluates "this paper, which claims to present a new and preferred way (compared to expected utility) of evaluating gambles, as well as major rethinking of economic theory" on the basis that it would propose a revolutionary new perspective on decision theory.

[1]: http://scitation.aip.org/content/aip/journal/chaos/26/2/10.1063/1.4940236
[2]: http://chat.stackexchange.com/transcript/message/36749024#36749024
[3]: https://www.reddit.com/r/badeconomics/comments/44823o/econophysics_comes_to_rescue_evaluating_gambles/