Items related to Risk: Evaluation, Management and Sharing
Synopsis
Book by Eeckhoudt, Louis, Gollier, Christian
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From Book News
In this translation of the French text (1992, Ediscience International, Paris), authors Eeckhoudt (economics, Catholic U. of Mons, Lille and Louvain) and Gollier (economics, U. of Toulouse and HEC School of Management) analyze the concept of business risk--its evaluation, management, and dispersal, specifically applied to insurance and finance. They discuss theoretical microfoundations, game theory, and utility theory in connection with the evaluation of risky situations, individual decisions under conditions of uncertainty, and the markets for risk. Includes exercises, axioms, and theorems throughout. Annotation c. by Book News, Inc., Portland, Or.
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