Prospect Theory: For Risk and Ambiguity

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9780521748681: Prospect Theory: For Risk and Ambiguity

Prospect Theory: For Risk and Ambiguity provides the first comprehensive and accessible textbook treatment of the way decisions are made both when we have the statistical probabilities associated with uncertain future events (risk) and when we lack them (ambiguity). The book presents models, primarily prospect theory, that are both tractable and psychologically realistic. A method of presentation is chosen that makes the empirical meaning of each theoretical model completely transparent. Prospect theory has many applications in a wide variety of disciplines. The material in the book has been carefully organized to allow readers to select pathways through the book relevant to their own interests. With numerous exercises and worked examples, the book is ideally suited to the needs of students taking courses in decision theory in economics, mathematics, finance, psychology, management science, health, computer science, Bayesian statistics, and engineering.

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Book Description:

Risks and uncertainties play a role in virtually all of our decisions. Quantitative models have so far been either too unrealistic or too complex. This graduate textbook presents modern models that are both realistic and tractable. All mathematical tools are related to real-life processes, ensuring accessibility to a wide audience.

About the Author:

Peter P. Wakker is Professor at the Econometric Institute, Erasmus Universiteit, Rotterdam. His work concerns human decisions under risk and uncertainty from an economic, mathematical and psychological perspective.

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1.

Peter P. Wakker
Editore: Cambridge University Press 2010-07-22, Cambridge (2010)
ISBN 10: 0521748682 ISBN 13: 9780521748681
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Descrizione libro Cambridge University Press 2010-07-22, Cambridge, 2010. paperback. Condizione libro: New. Codice libro della libreria 9780521748681

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Peter P. Wakker
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ISBN 10: 0521748682 ISBN 13: 9780521748681
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Descrizione libro CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2010. Paperback. Condizione libro: New. Language: English . Brand New Book. Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible textbook treatment of the way decisions are made both when we have the statistical probabilities associated with uncertain future events (risk) and when we lack them (ambiguity). The book presents models, primarily prospect theory, that are both tractable and psychologically realistic. A method of presentation is chosen that makes the empirical meaning of each theoretical model completely transparent. Prospect theory has many applications in a wide variety of disciplines. The material in the book has been carefully organized to allow readers to select pathways through the book relevant to their own interests. With numerous exercises and worked examples, the book is ideally suited to the needs of students taking courses in decision theory in economics, mathematics, finance, psychology, management science, health, computer science, Bayesian statistics, and engineering. Codice libro della libreria AAU9780521748681

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Peter P. Wakker
Editore: CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2010)
ISBN 10: 0521748682 ISBN 13: 9780521748681
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Descrizione libro CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2010. Paperback. Condizione libro: New. Language: English . Brand New Book. Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible textbook treatment of the way decisions are made both when we have the statistical probabilities associated with uncertain future events (risk) and when we lack them (ambiguity). The book presents models, primarily prospect theory, that are both tractable and psychologically realistic. A method of presentation is chosen that makes the empirical meaning of each theoretical model completely transparent. Prospect theory has many applications in a wide variety of disciplines. The material in the book has been carefully organized to allow readers to select pathways through the book relevant to their own interests. With numerous exercises and worked examples, the book is ideally suited to the needs of students taking courses in decision theory in economics, mathematics, finance, psychology, management science, health, computer science, Bayesian statistics, and engineering. Codice libro della libreria AAU9780521748681

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Wakker, Peter P.
Editore: Cambridge University Press (2010)
ISBN 10: 0521748682 ISBN 13: 9780521748681
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Descrizione libro Cambridge University Press, 2010. Condizione libro: New. 2010. 0th Edition. Paperback. A 2010 text in decision theory with applications to economics, mathematics, finance, psychology, management, health, computer science, statistics, and engineering. Num Pages: 514 pages, 106 b/w illus. 57 tables 187 exercises. BIC Classification: GPQ; KCA; PBT. Category: (UU) Undergraduate. Dimension: 246 x 174 x 24. Weight in Grams: 924. For Risk and Ambiguity. 518 pages, 106 b/w illus. 57 tables 187 exercises. A 2010 text in decision theory with applications to economics, mathematics, finance, psychology, management, health, computer science, statistics, and engineering. Cateogry: (UU) Undergraduate. BIC Classification: GPQ; KCA; PBT. Dimension: 246 x 174 x 24. Weight: 1004. . . . . . . Codice libro della libreria V9780521748681

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Wakker, Peter P.
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Descrizione libro Cambridge University Press. Condizione libro: New. 2010. 0th Edition. Paperback. A 2010 text in decision theory with applications to economics, mathematics, finance, psychology, management, health, computer science, statistics, and engineering. Num Pages: 514 pages, 106 b/w illus. 57 tables 187 exercises. BIC Classification: GPQ; KCA; PBT. Category: (UU) Undergraduate. Dimension: 246 x 174 x 24. Weight in Grams: 924. For Risk and Ambiguity. 518 pages, 106 b/w illus. 57 tables 187 exercises. A 2010 text in decision theory with applications to economics, mathematics, finance, psychology, management, health, computer science, statistics, and engineering. Cateogry: (UU) Undergraduate. BIC Classification: GPQ; KCA; PBT. Dimension: 246 x 174 x 24. Weight: 1004. . . . . . Books ship from the US and Ireland. Codice libro della libreria V9780521748681

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Peter P. Wakker
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Descrizione libro Cambridge University Press, 2010. Condizione libro: New. book. Codice libro della libreria ria9780521748681_rkm

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Descrizione libro Cambridge University Press. Paperback. Condizione libro: new. BRAND NEW, Prospect Theory: For Risk and Ambiguity, Peter P. Wakker, Prospect Theory: For Risk and Ambiguity, first published in 2010, provided the first comprehensive and accessible textbook treatment of the way decisions are made both when we have the statistical probabilities associated with uncertain future events (risk) and when we lack them (ambiguity). The book presents models, primarily prospect theory, that are both tractable and psychologically realistic. A method of presentation is chosen that makes the empirical meaning of each theoretical model completely transparent. Prospect theory has many applications in a wide variety of disciplines. The material in the book has been carefully organized to allow readers to select pathways through the book relevant to their own interests. With numerous exercises and worked examples, the book is ideally suited to the needs of students taking courses in decision theory in economics, mathematics, finance, psychology, management science, health, computer science, Bayesian statistics, and engineering. Codice libro della libreria B9780521748681

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Wakker, Peter P.
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Descrizione libro Cambridge University Press, 2010. PAP. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria BB-9780521748681

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Descrizione libro Cambridge University Press, 2010. PAP. Condizione libro: New. New Book. Delivered from our UK warehouse in 3 to 5 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Codice libro della libreria LQ-9780521748681

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Wakker, Peter P.
Editore: Cambridge University Press (2016)
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Descrizione libro Cambridge University Press, 2016. Paperback. Condizione libro: New. PRINT ON DEMAND Book; New; Publication Year 2016; Not Signed; Fast Shipping from the UK. No. book. Codice libro della libreria ria9780521748681_lsuk

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