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Uncertain Decisions

Name: Uncertain Decisions
Brand: Springer-Verlag New York Inc.
SKU: 06796868
Price: 59544 HUF
Availability: InStock
Author: Luigi Luini
ISBN: 9781461373124

Bridging Theory and Experiments

Luigi Luini

Language

English

Book Paperback

Libristo code: 06796868

Publishers Springer-Verlag New York Inc., November 2012

Uncertain Decisions: Bridging Theory and Experiments presents advanced directions of thinking on dec... Full description

Libristo code: 06796868

406 b

59 544 Ft

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Uncertain Decisions: Bridging Theory and Experiments presents advanced directions of thinking on decision theory - in particular the more recent contributions on non-expected utility theory, fuzzy decision theory and case-based theory. This work also provides theoretical insights on measures of risk aversion and on new problems for general equilibrium analysis. It analyzes how the thinking that underlies the theories described above spills over into real decisions, and how the thinking that underlies these real decisions can explain the discrepancies between theoretical approaches and actual behavior. This work elaborates on how the most recent laboratory experiments have become an important source both for evaluating the leading theory of choice and decision, and for contributing to the formation of new models regarding the subject.