|
Books > Business & Economics > Business & management > Management & management techniques > Management decision making
|
Buy Now
Non-Expected Utility and Risk Management - A Special Issue of the Geneva Papers on Risk and Insurance Theory (Hardcover, Spin-off from the GENEVA PAPERS ON RISK AND INSURANCE THEORY; 20:1 (1995)., 1995)
Loot Price: R2,957
Discovery Miles 29 570
|
|
|
Non-Expected Utility and Risk Management - A Special Issue of the Geneva Papers on Risk and Insurance Theory (Hardcover, Spin-off from the GENEVA PAPERS ON RISK AND INSURANCE THEORY; 20:1 (1995)., 1995)
Expected to ship within 10 - 15 working days
|
Expected utility provides simple, testable properties of the
optimum behavior that should be displayed by risk-averse
individuals in risky decisions. Simultaneously, given the existence
of paradoxes under the expected utility paradigm, expected utility
can only be regarded as an approximation of actual behavior. A more
realistic model is needed. This is particularly true when treating
attitudes toward small probability events: the standard situation
for insurable risks. Non-Expected Utility and Risk Management
examines whether the existing results in insurance economics are
robust to more general models of behavior under risk.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
(2)
