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language: english
Publisher: TAYLOR & FRANCIS LTD, February of 2014 ‧
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For several decades, the orthodox economics approach to understanding choice under risk has been to assume that each individual person maximizes some sort of personal utility function defined over purchasing power. This new volume contests that even the best wisdom from the orthodox theory is inadequate, and proposes the return to a simpler sort of scientific theory of risky choice

Risky Curves

On The Empirical Failure Of Expected Utility

by Shyam Sunder, Duncan (Fordham University, Usa) James, R. Mark (Florida State University, Usa) Isaac e Daniel (University Of California, Santa Cruz) Friedman

Property Description
ISBN: 9780415636100
Publisher: TAYLOR & FRANCIS LTD
Release Date: February of 2014
Language: English
Dimensions: 156 x 234 x 20 mm
Cover: Hardcover
Pages: 152
Format: Book
Categories: Books in English > Social Sciences and Humanities > Psychology
EAN: 9780415636100