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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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students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and …Behavioral economics of risk, uncertainty, and ambiguity -- Other-regarding preferences -- Behavioral time discounting … -- Behavioral game theory -- Behavioral models of learning -- Emotions -- Bounded rationality -- Behavioral welfare economics …
Persistent link: https://www.econbiz.de/10011485040
expected utility theory (EU) -- 1.2.2 Attitudes to risk under EU … dependent utility theory (RDU) -- 2.3.1 Attitudes to risk under RDU -- 2.3.2 RDU under uncertainty -- 2.3.3 Drawbacks of RDU … -- 2.4 Prospect theory (PT) -- 2.4.1 A brief note on PT under uncertainty -- 2.4.2 Attitudes to risk under prospect theory …
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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 bring fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge our traditional models and require new concepts and analytical tools. The uncertainty critically...
Persistent link: https://www.econbiz.de/10003328653