Provides information pertinent to the fundamental aspects of the economics of uncertainty. This book discusses how uncertainty affects both individual behavior and standard equilibrium theory. Organized into three parts encompassing 30 chapters, this book begins with an overview of the relevance of expected utility maximization for positive and normative theories of individual choice. This text then examines the biases in judgments, which reveal some heuristics of thinking under uncertainty. Other chapters consider the effect of restricting trade in contingent commodities to those trades that can be affected through the stock and bond markets. This book discusses as well the individual problem of sequential choice and equilibria, which are built around the notion of sequential choice. The final chapter deals with an entirely different aspect of the economics of information and reverts to the assumption that markets are perfect and costless. This book is a valuable resource for economists and students.
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Hardcover. Condition: Very Good. 556 pages, hardback, a very good ex-library copy of a book in the Economic Theory and Mathematical Economics series [0122148509]. Seller Inventory # 113424
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Hardback. Condition: Good. Series: Economic Theory and Mathematical Economics xi 574p hardback, onyx cloth with gilt lettering, good condition with some wear, some stamps to endpapers and edges, one page detached but present, all pages clean and bright, all text and graphs clear and legible, a decent used copy Language: English. Seller Inventory # 221630
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Condition: Fair. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Book contains pencil markings. In fair condition, suitable as a study copy. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,1050grams, ISBN:0122148509. Seller Inventory # 9938793
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Seller: MB Books, Derbyshire, United Kingdom
Hardcover. Condition: Good. No Jacket. Condition : Good. Ex-university library copy with associated library stamps etc. Hard cover, no jacket. 556pp. No highlighting or annotations to text. Seller Inventory # 942598
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Seller: Barnaby, Oxford, United Kingdom
Hardcover. Condition: Good. Former academic library book, with library bookplate to front pastedown; ink stamps to endpapers and text block edges, including withdrawn stamp; spine label and shelf number to spine. All pages free from notes or highlighting. In good order overall. Publisher's note: Uncertainty in Economics 2/e brings together classical and modern thinking in the economics of uncertainty. This revised edition includes three new articles, added material on search theory, and updated references. xi, 556 pp. Category: Economics; Risk; Uncertainty; Language; ISBN: 0122148509. ISBN/EAN: 9780122148507. Add. Inventory No: 240918SHY0138009. Seller Inventory # 240918SHY0138009
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