PUBLISHED COMMENTS ON MACHINA’S WRITING

“Machina also gives an excellent account of empirical testings of the axioms…” Paul Samuelson, Foundations of Economic Analysis (Enlarged Edition), 1983, 518.

“In an illuminating review article, Machina (1989) remarks…” Amartya Sen, Theory and Decision, 1985, 18(2), 123.

“Machina’s texts are often elliptic, not very clear, ambiguous, and consequently difficult to read.” Maurice Allais, in B. R. Munier (ed.), Risk, Decision and Rationality, D. Reidel Publishing Co., 1988, 347.

“The most eloquent spokesman of independence violations is Machina (1982a,302-306;1983a,b;1985).” Peter Fishburn, Nonlinear Preference and Utility Theory, Johns Hopkins University Press, 1988, 72.

“Following the excellent presentation by Machina (1982),…” Teddy Seidenfeld, Economics and Philosophy, 1988, 4(2), 269.

“Mark Machina’s article on the uncertainty literature provided readers like myself whose research interests lie elsewhere a much better understanding of the current issues and debates in research on uncertainty,” Robert Goldfarb, Journal of Economic Perspectives, 1988, 2(2), 179.

“An excellent review of many ideas is provided by Machina (1987).” Charles Manski, Review of Peter Fishburn’s Nonlinear Preference and Utility Theory, Journal of Economic Literature, 1989, 27(4), 1671.

“A remarkable survey of recent developments” Jean-Jacques Laffont, Economics of Uncertainty and Information, MIT Press, 1989, 38.

“… (for an excellent review, see Machina, 1987).” Randall Ellis, Review of Economics and Statistics, 1989, 71(2), 215.

“See Mark Machina (1987) for a very readable survey of the evidence and responses.” Daniel Friedman, American Economic Review, 1989, 79(5), 1243.

“For a comprehensive discussion of these developments, see Machina (1987).” Vernon Smith, Journal of Economic Perspectives, 1989, 3(1), 164.

“Machina (1982) is a well-written discussion of other ways of modeling choice between uncertain outcomes.” E. Rasmussen, Games and Information: An Introduction to Game Theory, 1989, p.66.

“What behavior then is consistent with an institution-free world …? I begin by quoting Mark Machina’s characterization of what is meant by expected utility theory, which is the underlying behavioral assumption of neoclassical economics:…” Douglass North, Institutions, Institutional Change and Economic Performance, Cambridge Univ. Press, 1990, 18.

“See Machina (1987) for an insightful survey of a variety of experimental evidence that seems to challenge one or more of the basic axioms of expected utility theory.” Paul Carlin, Economics Letters, 1990, 34, 241.

“Excellent surveys and discussions of some alternative approaches and considerations are provided by Machina (1987) and Sarin (1989).” Ira Horowitz, Managerial and Decision Economics, 1990, 11(5), 356.

“The chapter by Mark Machina is an excellent account of the achievements and limitations of expected utility theory…” Benjamin Lockwood, Review of The Economics of Missing Markets: Information and Games by Frank Hahn, Economic Journal, 1990, 100(402), 960.

“…(for excellent surveys, see Machina, 1987; Weber and Camerer, 1987).” Drazen Prelec, Journal of Risk and Uncertainty, 1990, 3(3), 247.

“Teachers will find many interesting examples and arguments in ‘Dynamic Consistency and Non-Expected Utility Models of Choice under Uncertainty’ by Mark J. Machina” Bernard Saffran, Journal of Economic Perspectives, 1990, 4(3), 195 (section titled “Inciting Classroom Interchange”).

“For a thorough survey of this evidence see Machina (1987) and the references cited there.” Peter Kischka and Clemens Puppe, Methods and Models of Operations Research, 1992, 36, 126.

“…accompanied by Mark Machina’s expert theoretical survey of alternatives to expected utility models.” Robert Grafstein, Review of The Limits to Rationality, ed. by K. Cook and M. Levi, Journal of Politics, 1992, 54(1), 264.

“the careful argumentation of Machina (1989) was invaluable in clarifying distinctions such as dynamic consistency and consequentialism.” Irving LaValle, “Small Worlds and Sure Things,” in Edwards (ed.), Utility Theory: Measurements and Applications, Kluwer Academic Publishers, 1992, 111.

“Both [Machina’s ‘Expected Utility Hypothesis’ entry and an entry by another author] are exemplary encyclopaedia entries…” Roy Bailey, Review of The New Palgrave Dictionaries of Economics, Money and Finance, Economic Journal, 1994, 104(424), 674.

“Machina (1987) provides a helpful introduction to non-expected utility models…” Raymond Sauer, Journal of Economic Literature, 1998, 36(4), 2028.

“There are excellent surveys of behavioral decision theory by Camerer (1998), Machina (1989), Rabin (1977), and Thaler (1991)” Daniel McFadden, Journal of Risk and Uncertainty, 1999, 19, 84.

“A key reference from the huge economics literature on the Allais Paradox is Mark Machina 1982.” Arthur Robson, Journal of Economic Literature, 2001, 39(1), 23.

“Machina (1987) remains a recommended survey of alternative theories.” Ariel Rubinstein, Lecture Notes in Microeconomic Theory: The Economic Agent, Second Edition, 2012, p.103.

“A good survey of alternatives that deal with the so-called Allais paradox is Machina (1987).” David Kreps, Microeconomic Foundations I: Choice and Competitive Markets, Princeton Univ. Press, 2013, 116.

“Machina (1987) provides a very helpful and clear survey to this literature.” Sushil Bikhchandani, Jack Hirshleifer and John Riley, The Analytics of Uncertainty and Information, 2nd ed., Cambridge Univ. Press, 2013, 35.

“Machina’s (1983, 1987) overviews contain rich and important methodological insights on the EU hypothesis and alternative hypotheses,” “In this new sense, well explained by Machina (1983, 1987),…,” “Machina includes this utility evaluation effect in his classic list of effects that are damaging for the EU hypothesis,” Philippe Mongin, Economics and Philosophy, 2019, 35, 425,433,434.

“…the literature is thoroughly canvassed in Machina & Siniscalchi, 2014,” “…the reader is referred to the excellent historical review of the ambiguity literature in Machina and Siniscalchi (2014…,” Keiran Sharpe, Theory and Decision, 2023, 95, pp.540,541.