Models and Experiments in Risk and Rationality

. Ed(s): Munier, Bertrand R.; Machina, Mark J.

ISBN 10: 9048144477 ISBN 13: 9789048144471
Published by Springer, 2010
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Editor(s): Munier, Bertrand R.; Machina, Mark J. Series: Theory and Decision Library B. Num Pages: 440 pages, biography. BIC Classification: KJQ; KJT. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 23. Weight in Grams: 694. . 2010. 1st ed. Softcover of orig. ed. 1994. Paperback. . . . . Seller Inventory # V9789048144471

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Models and Experiments in Risk and Rationality presents original contributions to the areas of individual choice, experimental economics, operations and analysis, multiple criteria decision making, market uncertainty, game theory and social choice. The papers, which were presented at the FUR VI conference, are arranged to appear in order of increasing complexity of the decision environment or social context in which they situate themselves.
The first section `Psychological Aspects of Risk-Bearing', considers choice at the purely individual level and for the most part, free of any specific economic or social context. The second section examines individual choice within the classical expected utility approach while the third section works from a perspective that includes non-expected utility preferences over lotteries. Section four, `Multiple Criteria Decision-Making Under Uncertainty', considers the more specialized but crucial context of uncertain choice involving tradeoffs between competing criteria -- a field which is becoming of increasing importance in applied decision analysis. The final two sections examine uncertain choice in social or group contexts.

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Bibliographic Details

Title: Models and Experiments in Risk and ...
Publisher: Springer
Publication Date: 2010
Binding: Soft cover
Condition: New
Edition: 1st Edition

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Bertrand Munier
Published by Springer, Dordrecht, 2010
ISBN 10: 9048144477 ISBN 13: 9789048144471
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Paperback. Condition: new. Paperback. Models and Experiments in Risk and Rationality presents original contributions to the areas of individual choice, experimental economics, operations and analysis, multiple criteria decision making, market uncertainty, game theory and social choice. The papers, which were presented at the FUR VI conference, are arranged to appear in order of increasing complexity of the decision environment or social context in which they situate themselves. The first section 'Psychological Aspects of Risk-Bearing', considers choice at the purely individual level and for the most part, free of any specific economic or social context. The second section examines individual choice within the classical expected utility approach while the third section works from a perspective that includes non-expected utility preferences over lotteries. Section four, 'Multiple Criteria Decision-Making Under Uncertainty', considers the more specialized but crucial context of uncertain choice involving tradeoffs between competing criteria -- a field which is becoming of increasing importance in applied decision analysis. The final two sections examine uncertain choice in social or group contexts. Models and Experiments in Risk and Rationality presents original contributions to the areas of individual choice, experimental economics, operations and analysis, multiple criteria decision making, market uncertainty, game theory and social choice. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9789048144471

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Bertrand Munier
Published by Springer, Dordrecht, 2010
ISBN 10: 9048144477 ISBN 13: 9789048144471
New Paperback First Edition

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Paperback. Condition: new. Paperback. Models and Experiments in Risk and Rationality presents original contributions to the areas of individual choice, experimental economics, operations and analysis, multiple criteria decision making, market uncertainty, game theory and social choice. The papers, which were presented at the FUR VI conference, are arranged to appear in order of increasing complexity of the decision environment or social context in which they situate themselves. The first section 'Psychological Aspects of Risk-Bearing', considers choice at the purely individual level and for the most part, free of any specific economic or social context. The second section examines individual choice within the classical expected utility approach while the third section works from a perspective that includes non-expected utility preferences over lotteries. Section four, 'Multiple Criteria Decision-Making Under Uncertainty', considers the more specialized but crucial context of uncertain choice involving tradeoffs between competing criteria -- a field which is becoming of increasing importance in applied decision analysis. The final two sections examine uncertain choice in social or group contexts. Models and Experiments in Risk and Rationality presents original contributions to the areas of individual choice, experimental economics, operations and analysis, multiple criteria decision making, market uncertainty, game theory and social choice. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. Seller Inventory # 9789048144471

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