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The Economics of Uncertainty (International Library of Critical Writings in Economics) - Hardcover

 
9781858982779: The Economics of Uncertainty (International Library of Critical Writings in Economics)
Hardcover
ISBN 10: 1858982774 ISBN 13: 9781858982779
Verlag: Edward Elgar Publishing Ltd, 1997

Inhaltsangabe

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 book documents the theoretical reconstruction of the theory of decision-making in the aftermath of this flood. It is divided into three parts and contains the key papers introducing and describing new theories of decision under risk, new theories of decision under uncertainty and new theories of dynamic decision-making.

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Über die Autorin bzw. den Autor

Edited by John D. Hey, Professor of Economics and Statistics and Co-Director of the Centre for Experimental Economics, University of York, UK

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Verlag
Edward Elgar Publishing Ltd
Erscheinungsdatum
1997
Sprache
Englisch
ISBN 10 
1858982774
ISBN 13 
9781858982779
Einband
Gebundene Ausgabe
Anzahl der Seiten
1204
Herausgeber
Hey John D.
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