neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes …

include the foundations of public choice theory, its scope and method, constitutional economics, game theory, rent …-seeking, the European Union, public finance and the theory of societal economics. The pioneering research, theory and analysis …

One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects … of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international … trade rules. The book is divided into sections dealing with: accounting for risk in trade agreements; risk and the WTO …

Unknowable in Financial Risk Management: Measurement and Theory Advancing Practice, Chapter 1, Princeton, NJ: Princeton … academic research articles one should know in risk measurement and management. Through his central position in financial … Diebold's fascinating compilation summarizes the history of risk management research, focussing on research prior to the …

This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment … investment theory, professionals in the financial sector and students of macroeconomics and finance. Investment, Capital Market …

adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new … exposition of the risk/return trade-off and how major capital investment decisions are made within firms. Topics studied include …

differing views regarding the role of economic theory as applied to the real world. William Greer reveals that the intellectual …