The book's philosophical account of risk makes precise, justifies, and systematizes a variety of decision principles drawn from various disciplines. Weirich's approach to rational choice yields a theory that explains the rationality of choices complying with decision principles and advances strong normative standards for both attitudes to risks and acts affecting risks. His theory aims to guide decisions about risks in finance, in professional advice to clients, and in government regulation of risks the public bears.
The book's philosophical account of risk makes precise, justifies, and systematizes a variety of decision principles drawn from various disciplines. Weirich's approach to rational choice yields a theory that explains the rationality of choices complying with decision principles and advances strong normative standards for both attitudes to risks and acts affecting risks. His theory aims to guide decisions about risks in finance, in professional advice to clients, and in government regulation of risks the public bears.
Paul Weirich works primarily in the areas of decision theory and game theory. He is a Curators' Distinguished Professor in the Philosophy Department at the University of Missouri and is the author of Equilibrium and Rationality (Cambridge, 1998), Decision Space (Cambridge, 2001), Realistic Decision Theory (Oxford, 2004), Collective Rationality (Oxford, 2010), and Models of Decision-Making (Cambridge, 2015).
Inhaltsangabe
Introduction Part I Risks and Attitudes to Them 1 Types of Risk 2 Attitudes 3 Rational Attitudes toward Risks Part II Acts Affecting Risks 4 Evaluation of an Act 5 Rational Management of Risks 6 Combinations of Acts Part III Illustrations and Generalizations 7 Return-Risk Evaluation of Investments 8 Advice about Decisions 9 Regulation of Risks 10 Rolling Back Idealizations Conclusion
Introduction Part I Risks and Attitudes to Them 1 Types of Risk 2 Attitudes 3 Rational Attitudes toward Risks Part II Acts Affecting Risks 4 Evaluation of an Act 5 Rational Management of Risks 6 Combinations of Acts Part III Illustrations and Generalizations 7 Return-Risk Evaluation of Investments 8 Advice about Decisions 9 Regulation of Risks 10 Rolling Back Idealizations Conclusion
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