The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments.

Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance
Divides coverage between theoretical, empirical, and experimental findings
Makes the economics of risk and uncertainty accessible to scholars in fields outside economics

About the Authors

Mark Machina is a Fellow at the Amercian Academy of Arts and Sciences and has taught at Columbia University, the University of Cambridge, Princeton University, the People's University of China in Beijing, Duke University, and the University of Wyoming.

W. Kip Viscusi is the award-winning author of more than 20 books and 300 articles, most of which deal with different aspects of health and safety risks. His pathbreaking research had addressed a wide range of individual and societal responses to risk and uncertainty, including risky behaviors, governmental regulation, and tort liability.

"About this title" may belong to another edition of this title.

Store Description

Visit Seller's Storefront

Seller's business information

WRAP Ltd
Unit 4, 119 Loverock Rd, Reading, RG30 1DZ, United Kingdom

Sale & Shipping Terms

Terms of Sale

TBA

Shipping Terms

Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

Shipping rates from United Kingdom to U.S.A.

Shipping rates from United Kingdom to U.S.A.
Order quantity	14 to 21 business days	14 to 21 business days
First item	US$ 20.86	US$ 20.86

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.