Weitere Formate
Softcover - 9789048157990
106,99 €
Autorenfreundlich Bücher kaufen?!
Beschreibung
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.
Non-Expected Utility and Risk Management examines whether the existing results in insurance economics are robust to more general models of behavior under risk.
A Special Issue of the Geneva Papers on Risk and Insurance Theory
A Special Issue of the Geneva Papers on Risk and Insurance Theory
Details
| Verlag | Springer Netherland |
| Ersterscheinung | 30. September 1995 |
| Maße | 23.4 cm x 15.6 cm |
| Gewicht | 404 Gramm |
| Format | Hardcover |
| ISBN-13 | 9780792396420 |
| Auflage | Spin-off from the GENEVA PAPERS ON RISK AND INSURANCE THEORY; 20:1 (1995)., 1995 |
| Seiten | 150 |
Schlagwörter
Herstellerinformationen
Bekannt durch
