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Decision making under uncertainty : the case of state-dependent preferences / Edi Karni.
Lippincott Library HD30.23 .K28 1985
Available
LIBRA HD30.23 .K28 1985
Available from offsite location
- Format:
- Book
- Author/Creator:
- Karni, Edi.
- Language:
- English
- Subjects (All):
- Decision making.
- Uncertainty.
- Risk management.
- Physical Description:
- viii, 147 pages : illustrations ; 24 cm
- Place of Publication:
- Cambridge, Mass. : Harvard University Press, 1985.
- Summary:
- This book presents a self-contained, comprehensive, and unified treatment of the theory of decision making under uncertainty with state dependent preferences. The author begins by setting forth axiomatic foundations of subjective expected utility theory with stat-dependent preferences. He then develops measures of risk aversion and of risk for state-dependent utility functions and shows how they can be applied to decisions involving health and life insurance.
- Notes:
- Includes index.
- Bibliography: pages 141-143.
- ISBN:
- 0674195256
- OCLC:
- 11812479
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