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Uncertain Decisions

Bridging Theory and Experiments
ISBN:
978-0-7923-8391-8
Auflage:
1999
Verlag:
Springer US
Land des Verlags:
Deutschland
Erscheinungsdatum:
30.11.1998
Herausgeber:
Format:
Hardcover
Seitenanzahl:
351
Ladenpreis
164,99 EUR (inkl. MwSt. zzgl. Versand)
Lieferung in 3-4 Werktagen Versandkostenfrei ab 40 Euro in Österreich
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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.