Risky Curves: On the Empirical Failure of Expected Utility - Friedman, Daniel (University of California, Santa Cruz) - Books - Taylor & Francis Ltd - 9780415636100 - February 3, 2014
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Friedman, Daniel (University of California, Santa Cruz)
Risky Curves: On the Empirical Failure of Expected Utility 1st edition

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For several decades, the orthodox economics approach to understanding choice under risk has been to assume that each individual person maximizes some sort of personal utility function defined over purchasing power. This new volume contests that even the best wisdom from the orthodox theory is inadequate, and proposes the return to a simpler sort of scientific theory of risky choice

140 pages, 17 black & white illustrations, 9 black & white tables, 17 black & white line drawings

Media Books     Hardcover Book   (Book with hard spine and cover)
Released February 3, 2014
ISBN13 9780415636100
Publishers Taylor & Francis Ltd
Pages 152
Dimensions 164 × 241 × 14 mm   ·   378 g
Language English  

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