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£122.34
Springer - Generalized Expected Utility Theory: Rank-Dependent Model
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Description
Key Features
Examines the history and limitations of the traditional expected utility model in economic analysis.
Addresses psychological evidence showing why individual choices often differ from standard EU predictions.
Covers the transition from simple mean-variance analysis to more advanced economic frameworks.
Explains the 1980s shift toward generalizations of EU that resolve long-standing skepticism.
Provides insight into models that preserve transitivity and dominance while explaining inconsistent behaviors.
Product Specifications
- Brand
- Springer
- Format
- hardcover
- ASIN
- 0792393023
- Domain
- Amazon UK
- Release Date
- 31 December 1992
- Listed Since
- 15 February 2007
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