Item description for Economic Decisions Under Uncertainty by Hans-Werner Sinn...
This book gives an overview of central issues in the theory of economic decision making under uncertainty. It makes extensive use of the location and scale parameter model that was discussed in the American Economic Review of 1987 and 1989 by Jack Meyer and the author. Among the topics treated in the book are the following: A Rehabilitation of the Principle of Insufficient Reason - Psychophysical laws in risk theory - The Law of Large Numbers and expected utility - Risk aversion in intertemporal models - limited liability and decision making under risk - Theory of Speculation - Theory of Insurance and Moral Hazard.
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Est. Packaging Dimensions: Length: 9.13" Width: 5.91" Height: 0.71" Weight: 1.23 lbs.
Release Date Jun 30, 1989
Publisher Physica-Verlag Heidelberg
ISBN 3790804363 ISBN13 9783790804362
Availability 115 units. Availability accurate as of May 23, 2017 03:02.
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