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Risky Curves: On the Empirical Failure of Expected Utility
Risky Curves On the Empirical Failure of Expected Utility
Author: Daniel Friedman, R. Mark Isaac, Duncan James, Shyam Sunder
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 has not yet been able to do better than supposedly naïve...  more »
ISBN-13: 9781138096462
ISBN-10: 1138096466
Publication Date: 6/30/2017
Pages: 152
Edition: 1
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Publisher: Routledge
Book Type: Paperback
Other Versions: Hardcover
Members Wishing: 0
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