Economic Decisions Under Uncertainty / Edition 2

Economic Decisions Under Uncertainty / Edition 2

by Hans-Werner Sinn
     
 

ISBN-10: 3790804363

ISBN-13: 9783790804362

Pub. Date: 06/30/1989

Publisher: Physica-Verlag HD

This book gives an overview of central issues in the theory of economic decision making under uncertainty. It makes extensive use of the location and scale parameter model that was discussed in the American Economic Review of 1987 and 1989 by Jack Meyer and the author. Among the topics treated in the book are the following: A Rehabilitation of the Principle of

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Overview

This book gives an overview of central issues in the theory of economic decision making under uncertainty. It makes extensive use of the location and scale parameter model that was discussed in the American Economic Review of 1987 and 1989 by Jack Meyer and the author. Among the topics treated in the book are the following: A Rehabilitation of the Principle of Insufficient Reason - Psychophysical laws in risk theory - The Law of Large Numbers and expected utility - Risk aversion in intertemporal models - limited liability and decision making under risk - Theory of Speculation - Theory of Insurance and Moral Hazard.

Product Details

ISBN-13:
9783790804362
Publisher:
Physica-Verlag HD
Publication date:
06/30/1989
Edition description:
Softcover reprint of the original 2nd ed. 1989
Pages:
359
Product dimensions:
6.10(w) x 9.25(h) x 0.36(d)

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