Peter J. Hammond
Peter J. Hammond is Professor of Economics at the University of Warwick and an Emeritus Professor of Economics at Stanford University. He has made numerous significant contributions to the advancement of Economic Theory, including work on normative decision theory. He has been elected to fellowships of the Econometric Society, the British Academy, and the Society for the Advancement of Economic Theory.
“A Golden Rule for Planning the Choice of Consequences: Only a Surprise Should Induce a Change of Plan”