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Models of Risk Preferences: Descriptive and Normative Challenges (Research in Experimental Economics, 22) (in English)
Don Ross
(Illustrated by)
·
Glenn W. Harrison
(Illustrated by)
·
Emerald Publishing Limited
· Hardcover
Models of Risk Preferences: Descriptive and Normative Challenges (Research in Experimental Economics, 22) (in English) - Harrison, Glenn W. ; Ross, Don
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Synopsis "Models of Risk Preferences: Descriptive and Normative Challenges (Research in Experimental Economics, 22) (in English)"
Behavioural economists have developed alternatives to Expected Utility Theory as descriptive and normative models of risk preferences. One popular view is that these alternative descriptive models are generally better descriptively, but that they tend to be inferior normative models for guiding risky decisions. Models of Risk Preferences collects studies that critically review these two claims from the perspective of experimental economics. The Research in Experimental Economics series focuses on laboratory experimental economics, but includes theoretical, empirical, or field economic research to encompass the broader experimental economics community.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
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