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Books > Earth & environment > The environment > Environmental economics
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Economic and Environmental Risk and Uncertainty - New Models and Methods (Paperback, Softcover reprint of hardcover 1st ed. 1997)
Loot Price: R2,935
Discovery Miles 29 350
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Economic and Environmental Risk and Uncertainty - New Models and Methods (Paperback, Softcover reprint of hardcover 1st ed. 1997)
Series: Theory and Decision Library B, 35
Expected to ship within 10 - 15 working days
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The 1980s and 1990s have been a period of exciting new developments
in the modelling of decision-making under risk and uncertainty.
Extensions of the theory of expected utility and alternative
theories of non-expected utility' have been devised to explain many
puzzles and paradoxes of individual and collective choice
behaviour. This volume presents some of the best recent work on the
modelling of risk and uncertainty, with applications to problems in
environmental policy, public health, economics and finance.
Eighteen papers by distinguished economists, management scientists,
and statisticians shed new light on phenomena such as the Allais
and St. Petersburg paradoxes, the equity premium puzzle, the demand
for insurance, the valuation of public health and safety, and
environmental goods. Audience: This work will be of interest to
economists, management scientists, risk and policy analysts, and
others who study risky decision-making in economic and
environmental contexts.
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