On the Empirical Failure of Expected Utility
Edición de la obra Risky Curves
| Autor | Friedman, Daniel, R. Mark Isaac, Duncan James, Shyam Sunder |
|---|---|
| Editorial | Taylor & Francis Group |
| Fecha de publicación | 2014 |
| Idioma | inglés |
| Páginas | 140 |
| ISBN-13 | 9780415636100 |
| OCLC | 870272725, 855957373 |
| LCCN | 2013030113 |
| Número de Cutter |
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F911r |
"For several decades, the orthodox economics approach to understanding choice under risk has been to assume that each individual person maximizes some sort of personal utility function defined over purchasing power. This new volume contests that even the best wisdom from the orthodox theory is inadequate, and proposes the return to a simpler sort of scientific theory of risky choice"--