Handbook of the economics of risk and uncertainty / by Mark J. Machina, Distinguished Professor of Economics, University of California, San Diego, CA, USA, W. Kip Viscusi, University Distinguished Professor of Law, Economics, and Management, Vanderbilt University, USA.

Format:

Book

Author/Creator:

Machina, Mark J., author.

Viscusi, W. Kip, author.

Series:

Handbooks in economics ; volume 1.

Handbooks in economics ; volume 1

Language:

English

Subjects (All):

Risk assessment--Mathematical models.

Risk assessment.

Risk--Mathematical models.

Risk.

Uncertainty--Mathematical models.

Uncertainty.

Physical Description:

volumes : illustrations (some color) ; 24 cm.

Edition:

First edition.

Place of Publication:

Oxford, UK : North-Holland is an Imprint of Elsevier, 2014-

Summary:

Detailed surveys examine risk and uncertainty, from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance.

Contents:

1. Axiomatic foundations of expected utility and subjective probability / Edi Karni

2. Rationality and dynamic consistency under risk and uncertainty / Peter J. Hammond and Horst Zank

3. The theory of risk and risk aversion / Jack Meyer

4. Assessment and estimation of risk preferences / Charles A. Holt and Susan K. Laury

5. Insurance and insurance markets / Georges Dionne and Scott E. Harrington

6. Uncertainty and imperfect information in markets / Benjamin E. Hermalin

7. The value of individual and societal risks to life and health / W. Kip Viscusi

8. Economic analysis of risk and uncertainty induced by health shocks : a review and extension / Tomas J. Philipson and George Zanjani

9. Regulating occupational and product risks / Thomas J. Kniesner and John D. Leeth

10. Environmental risk and uncertainty / Joseph E. Aldy and W. Kip Viscusi

11. Economics of natural catastrophe risk insurance / Howard Kunreuther and Erwann Michel-Kerjan

12. Non-expected utility models under objective uncertainty / John Quiggin

13. Ambiguity and ambiguity aversion / Mark J. Machina and Marciano Siniscalchi

14. Choice under uncertainty : empirical methods and experimental results / John D. Hey.

Notes:

Includes bibliographical references and index.

ISBN:

9780444536853

044453685X

OCLC:

869548911