Decision Making Under Uncertainty

The Case of State-Dependent Preference

Omschrijving

This book presents a self-contained, comprehensive, and unified treatment of the theory of decision making under uncertainty with state dependent preferences. The author begins by setting forth axiomatic foundations of subjective expected utility theory with stat-dependent preferences. He then develops measures of risk aversion and of risk for state-dependent utility functions and shows how they can be applied to decisions involving health and life insurance.
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Schrijver
Karni, Edi
Titel
Decision Making Under Uncertainty
Uitgever
Harvard University Press
Jaar
1985
Taal
Engels
Pagina's
155
Gewicht
408 gr
EAN
9780674493995
Afmetingen
234 x 156 x 11 mm
Bindwijze
Gebonden

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