Decision Making Under Uncertainty: The Case of State-Dependent Preference.
Edi Karni.
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.
Catégories:
Volume:
1
Année:
1985
Edition:
1
Editeur::
Harvard University Press.
Langue:
english
Pages:
160
ISBN 10:
0674195256
ISBN 13:
9780674195257
Fichier:
PDF, 5.94 MB
IPFS:
,
english, 1985