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.
General
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