{"product_id":"non-expected-utility-and-risk-management-von-undefined","title":"Non-Expected Utility and Risk Management","description":"\n                                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. \n                \n                \u003cbr\u003e\n                                  \n                \n                \u003cem\u003eNon-Expected Utility and Risk Management\u003c\/em\u003e\n                                 examines whether the  existing results in insurance economics are robust to more general  models of behavior under risk.\n            \n            \u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9780792396420\"\u003e\u003ch3\u003eA Special Issue of the Geneva Papers on Risk and Insurance Theory\u003c\/h3\u003e\u003c\/div\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9789048157990\"\u003e\u003ch3\u003eA Special Issue of the Geneva Papers on Risk and Insurance Theory\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Hardcover - 9780792396420","offer_id":39621468487773,"sku":"9780792396420","price":106.99,"currency_code":"EUR","in_stock":true},{"title":"Softcover - 9789048157990","offer_id":39528899838045,"sku":"9789048157990","price":106.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/bdbc172d-2fdb-462f-9e87-881aa1e7b9ab.jpg?v=1781331327","url":"https:\/\/shop.autorenwelt.de\/products\/non-expected-utility-and-risk-management-von-undefined","provider":"Autorenwelt Shop","version":"1.0","type":"link"}