One: Formalization of Expectations; 1: The Nature of Expectations; 2: Logical Relations in Expectations; 3: Subjective Factors in Expectations; Two: Sure-Prospect Equivalents; 4: The Hypothesis of a Formula; 5: Reduction by Choice; 6: Theories of Moral Expectation; Three: Selective Reductions; 7: Shackle’s Theory of Expectations; 8: Theory of Games; 9: Other Hypotheses