The Economics of Uncertainty: (The International Library of Critical Writings in Economics series)

By
John D. Hey (Contributor)  

Hardback

Available / dispatched within 1 - 4 weeks

Quantity
Until recently, 'Subjective Expected Utility Theory' was accepted within the economics profession as the theory of rational decision-making under risk and under certainty. However, its pre-eminence in recent years has been undermined as a consequence of a flood of experimental evidence casting doubt on its descriptive accuracy. This book documents the theoretical reconstruction of the theory of decision-making in the aftermath of this flood. It is divided into three parts and contains the key papers introducing and describing new theories of decision under risk, new theories of decision under uncertainty and new theories of dynamic decision-making.
Edited by John D. Hey, Professor of Economics and Statistics and Co-Director of the Centre for Experimental Economics, University of York, UK
  • Contributor: John D. Hey
  • Imprint: Edward Elgar Publishing Ltd
  • ISBN13: 9781858982779
  • Number of Pages: 1204
  • Packaged Dimensions: 169x244mm
  • Format: Hardback
  • Publisher: Edward Elgar Publishing Ltd
  • Release Date: 1997-03-06
  • Series: The International Library of Critical Writings in Economics series
  • Binding: Hardback
  • Biography: Edited by John D. Hey, Professor of Economics and Statistics and Co-Director of the Centre for Experimental Economics, University of York, UK

Delivery Options

Home Delivery

Store Delivery

Free Returns

We hope you are delighted with everything you buy from us. However, if you are not, we will refund or replace your order up to 30 days after purchase. Terms and exclusions apply; find out more from our Returns and Refunds Policy.