Can we use State Preference Theory?

Abstract

One of the most important recent developments in company finance has been that of state preference theory, although the basics of the theory are not new. In how many finance textbooks do we read the following?

Citation

Kerruish, A.M. (1983), "Can we use State Preference Theory?", Managerial Finance, Vol. 9 No. 3/4, pp. 52-57. https://doi.org/10.1108/eb013530