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Table of contents (20 chapters)
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Psychological Aspects of Risk-Bearing
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New Developments in the Theory of Risk Aversion
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Non-Expected Utility Models and Tests
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Multiple Criteria Decision-Making under Uncertainty
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Production, Firms and Markets
Keywords
About this book
The first section `Psychological Aspects of Risk-Bearing', considers choice at the purely individual level and for the most part, free of any specific economic or social context. The second section examines individual choice within the classical expected utility approach while the third section works from a perspective that includes non-expected utility preferences over lotteries. Section four, `Multiple Criteria Decision-Making Under Uncertainty', considers the more specialized but crucial context of uncertain choice involving tradeoffs between competing criteria -- a field which is becoming of increasing importance in applied decision analysis. The final two sections examine uncertain choice in social or group contexts.
Editors and Affiliations
Bibliographic Information
Book Title: Models and Experiments in Risk and Rationality
Editors: Bertrand Munier, Mark J. Machina
Series Title: Theory and Decision Library B
DOI: https://doi.org/10.1007/978-94-017-2298-8
Publisher: Springer Dordrecht
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eBook Packages: Springer Book Archive
Copyright Information: Springer Science+Business Media Dordrecht 1994
Hardcover ISBN: 978-0-7923-3031-8Published: 31 October 1994
Softcover ISBN: 978-90-481-4447-1Published: 05 December 2010
eBook ISBN: 978-94-017-2298-8Published: 14 March 2013
Edition Number: 1
Number of Pages: XII, 440
Topics: Operations Research/Decision Theory, Statistics for Business, Management, Economics, Finance, Insurance