Economic Decisions Under Uncertainty by Hans-Werner SinnEconomic Decisions Under Uncertainty by Hans-Werner Sinn

Economic Decisions Under Uncertainty

byHans-Werner Sinn

Paperback | June 30, 1989

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This book gives an overview of central issues in the theory of economic decision making under uncertainty. It makes extensive use of the location and scale parameter model that was discussed in the American Economic Review of 1987 and 1989 by Jack Meyer and the author. Among the topics treated in the book are the following: A Rehabilitation of the Principle of Insufficient Reason - Psychophysical laws in risk theory - The Law of Large Numbers and expected utility - Risk aversion in intertemporal models - limited liability and decision making under risk - Theory of Speculation - Theory of Insurance and Moral Hazard.
Title:Economic Decisions Under UncertaintyFormat:PaperbackDimensions:377 pagesPublished:June 30, 1989Publisher:Physica-Verlag HD

The following ISBNs are associated with this title:

ISBN - 10:3790804363

ISBN - 13:9783790804362