Kenneth J. Arrow
Collected Papers of Kenneth J. Arrow, Volume 3: Individual Choice under Certainty and Uncertainty
Buch
The third volume of Kenneth Arrow's Collected Papers concerns the basic concept of rationality as it applies to an economic decision maker. In particular, it addresses the problem of choice faced by consumers in a multicommodity world and presents specific models of choice useful in economic analysis. It also discusses choice models under uncertainty, giving the basic theory and critiques of this theory based on experimental evidence and applications. Among the major papers are Alternative Approaches to the Theory of Choice in Risk-Taking Situations, a masterly survey of subjective probability and choice theory, and The Theory of Risk Aversio…
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Beschreibung
The third volume of Kenneth Arrow's Collected Papers concerns the basic concept of rationality as it applies to an economic decision maker. In particular, it addresses the problem of choice faced by consumers in a multicommodity world and presents specific models of choice useful in economic analysis. It also discusses choice models under uncertainty, giving the basic theory and critiques of this theory based on experimental evidence and applications. Among the major papers are Alternative Approaches to the Theory of Choice in Risk-Taking Situations, a masterly survey of subjective probability and choice theory, and The Theory of Risk Aversion, an exposition of the theory of choice under uncertainty.
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Produktdetails
- ISBN: 978-0-674-13762-2
- EAN: 9780674137622
- Produktnummer: 1364508
- Verlag: Harvard University Press
- Sprache: Englisch
- Erscheinungsjahr: 1984
- Seitenangabe: 284 S.
- Masse: H23.5 cm x B15.6 cm x D0.0 cm 626 g
- Abbildungen: 10 line illustrations
- Gewicht: 626
- Sonstiges: Undergraduate
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