Clemens Puppe

eBook, PDF

Distorted Probabilities and Choice under Risk (eBook, PDF)

Beschreibung

The book develops a new model of individual choice under risk within the general framework of rank-dependent utility theory. The new approach captures simultaneously an optimistic attitude towards gambling and risk averse behavior. The model is then applied to some of the observed behavioral patterns contradicting the expected utility hypothesis.

Technische Details

• Geräte: PC
• ohne Kopierschutz
• Größe: 7.67MB

Barrierefreiheit

• Text-to-Speech

Produktdetails

• Verlag: Springer Berlin Heidelberg
• Seitenzahl: 100
• Erscheinungstermin: 6. Dezember 2012
• Englisch
• ISBN-13: 9783642582035
• Artikelnr.: 53155558