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Main description: Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. But these models are useful only if they adequately account for the phenomena in question, and they can be quite misleading if they do not. In response,...
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This volume collects the best work representative of the theory of decision making under risk and uncertainty. Thirteen articles present extensions and alternatives to expected utility theory explaining behavior in and out of the laboratory, including activity in financial markets, crimes of...
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This handbook is aimed at researchers and policymakers wanting to learn about Bayesian methods in specialized fields, and for graduate students seeking to make the final step from textbook learning to the research frontier. It contains contributions by leading Bayesians on the latest...
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