{
"item_title" : "Distorted Probabilities and Choice Under Risk",
"item_author" : [" Clemens Puppe "],
"item_description" : "The book develops a new model of individual choice under risk within the general framework of rank-dependent utility theory. The new approach captures simultaneously an optimistic attitude towards gambling and risk averse behavior. The model is then applied to some of the observed behavioral patterns contradicting the expected utility hypothesis.",
"item_img_path" : "https://covers1.booksamillion.com/covers/bam/3/54/054/247/3540542477_b.jpg",
"price_data" : {
"retail_price" : "54.99", "online_price" : "54.99", "our_price" : "54.99", "club_price" : "54.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : ""
}
}
Distorted Probabilities and Choice Under Risk
Overview
The book develops a new model of individual choice under risk within the general framework of rank-dependent utility theory. The new approach captures simultaneously an optimistic attitude towards gambling and risk averse behavior. The model is then applied to some of the observed behavioral patterns contradicting the expected utility hypothesis.
This item is Non-Returnable
Customers Also Bought
Details
- ISBN-13: 9783540542476
- ISBN-10: 3540542477
- Publisher: Springer
- Publish Date: July 1991
- Dimensions: 9.21 x 6.14 x 0.24 inches
- Shipping Weight: 0.38 pounds
- Page Count: 100
Related Categories
