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Economics of Uncertainty
Language
English
English
Book
Hardback
Until recently, "Subjective Expected Utility Theory" was accepted within the economics profession as...
Full description
Libristo code: 05118328
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1567 b
1567 b
662.80
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Until recently, "Subjective Expected Utility Theory" was accepted within the economics profession as the theory of rational decision-making under risk and under certainty. However, its pre-eminence in recent years has been undermined as a consequence of a flood of experimental evidence casting doubt on its descriptive accuracy. This work documents the theoretical reconstruction of the theory of decision-making in the aftermath of this flood. It contains papers introducing and describing new theories of decision under risk, theories of decision under uncertainty and theories of dynamic decision-making.
About the book
Full name
Economics of Uncertainty
Language
English
English
Binding
Book - Hardback
Date of issue
1997
Number of pages
1204
EAN
9781858982779
Libristo code
05118328
Publishers
Edward Elgar Publishing Ltd
Weight
2302
Dimensions
169 x 244 x 94
