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Detailed surveys examine risk and uncertainty, from classical and foundational work through current developments …. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance …
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risk and risk attitude concepts. Behavior under uncertainty emerges from this book as something to base more on inquiry and …
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Ongoing global changes pose fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge traditional models and require new concepts and analytical tools. Uncertainty can dominate, as in the...
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