Economic and Environmental Risk and Uncertainty
Nau, Robert / Bergland, Olvar / Machina, Mark J. / Grønn, Erik
The 1980s and 1990s have been a period of exciting new developments in the modelling of decision-making under risk and uncertainty. Extensions of the theory of expected utility and alternative theories of `non-expected utility' have been devised to explain many puzzles and paradoxes of individual and collective choice behaviour. This volume presents some of the best recent work on the modelling of risk and uncertainty, with applications to pro...
