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Risky curves : on the empirical failure of expected utility Daniel Friedman ...[et al].

By: Contributor(s): Material type: TextTextDescription: xii, 137 p. : ill. ; 24 cmISBN:
  • 9780415636100
Subject(s): DDC classification:
  • 338.5
Online resources: Summary: "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"--
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Item type Current library Call number Status Date due Barcode
REGULAR University of Wollongong in Dubai Main Collection 338.5 FR RI (Browse shelf(Opens below)) Available T0034171

Includes bibliographical references and index.

"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"--

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