This specific ISBN edition is currently not available.View all copies of this ISBN edition:
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.
"synopsis" may belong to another edition of this title.
Book Description Condition: New. New. Seller Inventory # M-0122148509
Book Description Academic Press Inc, 1978. Hardcover. Condition: New. Revised. Seller Inventory # DADAX0122148509
Book Description Academic Press, 1978. Condition: New. book. Seller Inventory # MB002JXBF1E
Book Description Academic Press, 1978. Condition: New. book. Seller Inventory # M0122148509
Book Description Academic Press Inc, 1978. Hardcover. Condition: New. Revised. Ships with Tracking Number! INTERNATIONAL WORLDWIDE Shipping available. Buy with confidence, excellent customer service!. Seller Inventory # 0122148509n