Tesfatsion, Leigh2009-11-062009-11-061975-09Tesfatsion, L., (1975), "An Expected Utility Model with Endogenously Determined Goals", Discussion Paper No. 58, Center for Economic Research, Department of Economics, University of Minnesota.https://hdl.handle.net/11299/54810An expected utility model of individual choice is formulated which allows the decision maker to specify his available actions in the form of "controls" (partial contingency plans) and to simultaneously choose goals and controls in end-mean pairs. It is shown that the Savage expected utility model, the Marschak- Radner team model, the Bayesian statistical decision model, and the standard optimal control model can be viewed as special cases of this "goal-control expected utility model."en-USWorking Paper