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Author : Dionne, Georges
Release : 1988
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Essays on Economic Decisions Under Uncertainty : a Review Article by : Dionne, Georges
Download or read book Essays on Economic Decisions Under Uncertainty : a Review Article written by Dionne, Georges. This book was released on 1988. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael Balch
Release : 1974
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Essays on Economic Behavior Under Uncertainty by : Michael Balch
Download or read book Essays on Economic Behavior Under Uncertainty written by Michael Balch. This book was released on 1974. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jacques Drèze
Release : 1990-05-25
Genre : Business & Economics
Kind : eBook
Book Rating : 975/5 ( reviews)
Book Synopsis Essays on Economic Decisions Under Uncertainty by : Jacques Drèze
Download or read book Essays on Economic Decisions Under Uncertainty written by Jacques Drèze. This book was released on 1990-05-25. Available in PDF, EPUB and Kindle. Book excerpt: Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theory of decision making under uncertainty, and also several essays. These include an important essay on 'Decision theory under moral hazard and state dependent preferences' that significantly extends modern theory, and which provides rigorous foundations for subsequent chapters. Topics covered within the theory include decision theory, market allocation and prices, consumer decisions, theory of the firm, labour contracts, and public decisions.
Author : Charles F. Manski
Release : 2013-02-14
Genre : Political Science
Kind : eBook
Book Rating : 541/5 ( reviews)
Book Synopsis Public Policy in an Uncertain World by : Charles F. Manski
Download or read book Public Policy in an Uncertain World written by Charles F. Manski. This book was released on 2013-02-14. Available in PDF, EPUB and Kindle. Book excerpt: Manski argues that public policy is based on untrustworthy analysis. Failing to account for uncertainty in an uncertain world, policy analysis routinely misleads policy makers with expressions of certitude. Manski critiques the status quo and offers an innovation to improve both how policy research is conducted and how it is used by policy makers.
Author : George G. Szpiro
Release : 2020-01-07
Genre : Business & Economics
Kind : eBook
Book Rating : 979/5 ( reviews)
Book Synopsis Risk, Choice, and Uncertainty by : George G. Szpiro
Download or read book Risk, Choice, and Uncertainty written by George G. Szpiro. This book was released on 2020-01-07. Available in PDF, EPUB and Kindle. Book excerpt: At its core, economics is about making decisions. In the history of economic thought, great intellectual prowess has been exerted toward devising exquisite theories of optimal decision making in situations of constraint, risk, and scarcity. Yet not all of our choices are purely logical, and so there is a longstanding tension between those emphasizing the rational and irrational sides of human behavior. One strand develops formal models of rational utility maximizing while the other draws on what behavioral science has shown about our tendency to act irrationally. In Risk, Choice, and Uncertainty, George G. Szpiro offers a new narrative of the three-century history of the study of decision making, tracing how crucial ideas have evolved and telling the stories of the thinkers who shaped the field. Szpiro examines economics from the early days of theories spun from anecdotal evidence to the rise of a discipline built around elegant mathematics through the past half century’s interest in describing how people actually behave. Considering the work of Locke, Bentham, Jevons, Walras, Friedman, Tversky and Kahneman, Thaler, and a range of other thinkers, he sheds light on the vast scope of discovery since Bernoulli first proposed a solution to the St. Petersburg Paradox. Presenting fundamental mathematical theories in easy-to-understand language, Risk, Choice, and Uncertainty is a revelatory history for readers seeking to grasp the grand sweep of economic thought.
