Robin Pope, Johannes Leitner, Ulrike Leopold-Wildburger

eBook, PDF

The Knowledge Ahead Approach to Risk (eBook, PDF)

Theory and Experimental Evidence

Beschreibung

This book is written for those seeking a decision theory appropriate for use in serious choices such as insurance. It employs stages of knowledge ahead to track satisfactions and dissatisfactions. From experimental and questionnaire data, people take into account such stages of knowledge ahead satisfactions and dissatisfactions. This means we must go beyond standard decision theories like expected utility or cumulative prospect theory.

Technische Details

• Geräte: PC
• ohne Kopierschutz
• Größe: 1.13MB

Barrierefreiheit

• Text-to-Speech

Autor

Univ. Prof. Dr. Ulrike Leopold-Wildburger, Universitätsprofessor für Wirtschaftsmathematik und Operations Research. Verfasserin zahlreicher Bücher und Artikel in Fachzeitschriften, mehrere best paper und research awards.

Produktdetails

• Verlag: Springer Berlin Heidelberg
• Seitenzahl: 232
• Erscheinungstermin: 23. November 2006
• Englisch
• ISBN-13: 9783540384748
• Artikelnr.: 37368529

Rezensionen

From the reviews:

"While most approaches to risk ignore the time dimension, Pope, Leitner, and Leopold-Wildburger distinguish between primary and secondary satisfactions. ... The book may be suitable for senior undergraduate and graduate students, in addition to practitioners and researchers ... . It can serve to initiate researchers and students into experiments and how experimental results can serve to test and develop theories." (Kjell Hausken, Theory and Decision, Vol. 62, 2007)