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Axiomatic Utility Theory under Risk: Non-Archimedean Representations and Application to Insurance Economics - Lecture Notes in Economics and Mathematical Systems Ulrich Schmidt 1998 edition
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Axiomatic Utility Theory under Risk: Non-Archimedean Representations and Application to Insurance Economics - Lecture Notes in Economics and Mathematical Systems
Ulrich Schmidt
The first attempts to develop a utility theory for choice situations under risk were undertaken by Cramer (1728) and Bernoulli (1738). 199-201) proposed that the expected monetary value has to be replaced by the expected utility ("moral expectation") as the relevant criterion for decision making under risk.
228 pages, biography
| Mediji | Grāmatas Paperback Book (Grāmata ar mīksto vāku un līmēto muguru) |
| Izlaists | 1998. gada 20. maijs |
| ISBN13 | 9783540643197 |
| Izdevēji | Springer-Verlag Berlin and Heidelberg Gm |
| Lapas | 228 |
| Izmēri | 155 × 235 × 12 mm · 326 g |
| Valoda | Angļu |
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