Economic and Financial Decisions under Risk.

An understanding of risk and how to deal with it is an essential part of modern economics. Whether liability litigation for pharmaceutical firms or an individual's having insufficient wealth to retire, risk is something that can be recognized, quantified, analyzed, treated--and incorporated int...

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Bibliographic Details
Main Author: Eeckhoudt, Louis.
Other Authors: Gollier, Christian., Schlesinger, Harris.
Format: Book
Language:English
Published: Princeton : Princeton University Press, 2011.
Subjects:
Online Access:CONNECT
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505 0 |a Cover; Title; Copyright; Contents; Preface; I. Decision Theory; II. Risk Management; III. Risk Sharing; IV. Extensions; Index. 
520 |a An understanding of risk and how to deal with it is an essential part of modern economics. Whether liability litigation for pharmaceutical firms or an individual's having insufficient wealth to retire, risk is something that can be recognized, quantified, analyzed, treated--and incorporated into our decision-making processes. This book represents a concise summary of basic multiperiod decision-making under risk. Its detailed coverage of a broad range of topics is ideally suited for use in advanced undergraduate and introductory graduate courses either as a self-contained text, or the introduct. 
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