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Beschreibung
This book presents a self-contained, comprehensive, and unified treatment of the theory of decision making under uncertainty with state dependent preferences. The author begins by setting forth axiomatic foundations of subjective expected utility theory with stat-dependent preferences. He then develops measures of risk aversion and of risk for state-dependent utility functions and shows how they can be applied to decisions involving health and life insurance.
The Case of State-Dependent Preferences
Details
| Verlag | Harvard University Press |
| Ersterscheinung | 19. Mai 2014 |
| Maße | 23.6 cm x 16 cm x 1.5 cm |
| Gewicht | 404 Gramm |
| Format | Hardcover |
| ISBN-13 | 9780674493995 |
| Seiten | 160 |
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