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An Epistemic Characterisation of Extensive Form Rationalisability
  • Language: en
  • Pages: 31

An Epistemic Characterisation of Extensive Form Rationalisability

  • Type: Book
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  • Published: 1999
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  • Publisher: Unknown

None

Handbook of the Economics of Risk and Uncertainty
  • Language: en
  • Pages: 897

Handbook of the Economics of Risk and Uncertainty

  • Type: Book
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  • Published: 2013-11-14
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  • Publisher: Newnes

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

Decisions, Games and Markets
  • Language: en
  • Pages: 373

Decisions, Games and Markets

Decisions, Games and Markets is designed to stimulate new developments in decision theory, game theory and general equilibrium theory, as well as in their applications to economics. The book is divided into three parts - Decision Theory, Game Theory, and the Theory of Markets. Though its orientation is primarily methodological, some articles are more applied. The consistent use of formal analysis and methodological individualism constitutes the unifying theme of the book. Decisions, Games and Markets will be of considerable interest to both students and teachers of microeconomics and game and decision theory.

Interactive Beliefs and Forward Induction
  • Language: en
  • Pages: 72

Interactive Beliefs and Forward Induction

  • Type: Book
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  • Published: 1999
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  • Publisher: Unknown

None

Advances in Decision Making Under Risk and Uncertainty
  • Language: en
  • Pages: 246

Advances in Decision Making Under Risk and Uncertainty

Brings the reader into contact with the accomplished progress in individual decision making through the contributions to uncertainty modeling and behavioral decision making. This work also introduces the reader to the subtle issues to be resolved for rational choice under uncertainty.

Hierarchies of Conditional Beliefs and Interactive Epistemology in Dynamic Games
  • Language: en
  • Pages: 55
Cognitive Processes and Economic Behaviour
  • Language: en
  • Pages: 262

Cognitive Processes and Economic Behaviour

In recent years the understanding of the cognitive foundations of economic behavior has become increasingly important. This volume contains contributions from such leading scholars as Adam Brandenburger, Michael Bacharach and Patrick Suppes. It will be of great interest to academics and researchers involved in the field of economics and psychology as well as those interested in political economy more generally.

Official Gazette of the United States Patent and Trademark Office
  • Language: en
  • Pages: 910

Official Gazette of the United States Patent and Trademark Office

  • Type: Book
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  • Published: 1998
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  • Publisher: Unknown

None

Optimally Irrational
  • Language: en
  • Pages: 321

Optimally Irrational

For a long time, economists have assumed that we were cold, self-centred, rational decision makers – so-called Homo economicus; the last few decades have shattered this view. The world we live in and the situations we face are of course rich and complex, revealing puzzling aspects of our behaviour. Optimally Irrational argues that our improved understanding of human behaviour shows that apparent 'biases' are good solutions to practical problems – that many of the 'flaws' identified by behavioural economics are actually adaptive solutions. Page delivers an ambitious overview of the literature in behavioural economics and, through the exposition of these flaws and their meaning, presents a sort of unified theory of behaviouralism, cognitive psychology and evolutionary biology. He gathers theoretical and empirical evidence about the causes of behavioural 'biases' and proposes a big picture of what the discipline means for economics.

Managing Risk and Uncertainty
  • Language: en
  • Pages: 395

Managing Risk and Uncertainty

  • Type: Book
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  • Published: 2015-11-13
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  • Publisher: MIT Press

A comprehensive framework for assessing strategies for managing risk and uncertainty, integrating theory and practice and synthesizing insights from many fields. This book offers a framework for making decisions under risk and uncertainty. Synthesizing research from economics, finance, decision theory, management, and other fields, the book provides a set of tools and a way of thinking that determines the relative merits of different strategies. It takes as its premise that we make better decisions if we use the whole toolkit of economics and related fields to inform our decision making. The text explores the distinction between risk and uncertainty and covers standard models of decision mak...