Whether we like it or not we all feel that the world is uncertain. From choosing a new technology to selecting a job, we rarely know in advance what outcome will result from our decisions. Unfortunately, the standard theory of choice under uncertainty developed in the early forties and fifties turns
Advances in Decision Making Under Risk and Uncertainty
β Scribed by P. Ghirardato, F. Maccheroni, M. Marinacci (auth.), Prof. Mohammed Abdellaoui, Prof. Dr. John D. Hey (eds.)
- Publisher
- Springer
- Year
- 2008
- Tongue
- English
- Leaves
- 242
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Subjects
Operations Research/Decision Theory
π SIMILAR VOLUMES
This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this process: the stochastic dominance approach; the mean-variance approach; and the non-expected utility approach, focusing on prospect theory and its modified version, cumulative prospec
In every decision context there are things we know and things we do not know. Risk analysis uses science and the best available evidence to assess what we knowβand it is intentional in the way it addresses the importance of the things we donβt know. Primer on Risk Analysis: Decision Making Under Unc
<P>In every decision context there are things we know and things we do not know. Risk analysis uses science and the best available evidence to assess what we knowβand it is intentional in the way it addresses the importance of the things we donβt know. <STRONG>Principles of Risk Analysis: Decision M
<P>In every decision context there are things we know and things we do not know. Risk analysis uses science and the best available evidence to assess what we knowβand it is intentional in the way it addresses the importance of the things we donβt know. <STRONG>Primer on Risk Analysis: Decision Makin