Risky Curves: On the Empirical Failure of Expected Utility - Softcover

Friedman, Daniel

 
9781138096462: Risky Curves: On the Empirical Failure of Expected Utility

Inhaltsangabe

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

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Über die Autorin bzw. den Autor

Daniel Friedman is Distinguished Professor of Economics, University of California, Santa Cruz, USA

R. Mark Isaac is John and Hallie Quinn Eminent Scholar at Florida State University, USA

Duncan James is Associate Professor (Economics) Fordham University, USA

Shyam Sunder is James L. Frank Professor of Economics and Management at the Yale School of Management.

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9780415636100: Risky Curves: On the Empirical Failure of Expected Utility

Vorgestellte Ausgabe

ISBN 10:  0415636108 ISBN 13:  9780415636100
Verlag: Routledge, 2014
Hardcover