Uncertainty and Risk

Uncertainty and Risk

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This book tries to sort out the different meanings of uncertainty and to discover their foundations. It shows that uncertainty can be represented using various tools and mental guidelines. Coverage also examines alternative ways to deal with risk and risk attitude concepts. Behavior under uncertainty emerges from this book as something to base more on inquiry and reflection rather than on mere intuition.Probability in the Engineering and Information Sciences, Vol. 2, pp. 115a€“127. Marshall, A. (1961), The Principles of Economics. 9th edition, Macmillan, London. Maynard Smith ... Savage, L.J. (1972), The Foundations of Statistics. Dover, New anbsp;...

Title:Uncertainty and Risk
Author: Mohammed Abdellaoui, R. Duncan Luce, Mark Machina, Bertrand Munier
Publisher:Springer Science & Business Media - 2007-08-10

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