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£124.98
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£125 today · previous high £125 · all-time low £121
Springer Generalized Expected Utility Theory - Rank-Dependent Model
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Price Distribution
Price distribution over 76 days • 3 price levels
Price Analysis
Most common price: £121 (46 days, 60.5%)
Price range: £121 - £125
Price levels: 3 different prices over 76 days
Description
Key Features
The rank-dependent model addresses limitations of the classical expected utility framework by incorporating psychological evidence of real-world decision-making patterns.
Springer's treatment preserves core economic principles including transitivity and dominance whilst explaining behaviours that traditional EU theory cannot account for.
This analysis bridges the gap between economic theory and applied finance, moving beyond the simpler mean-variance models commonly used in practical applications.
The book examines how generalised expected utility theory emerged in the 1980s as a response to accumulated criticism and inconsistencies in the original EU model.
Product Specifications
- Brand
- Springer
- Format
- hardcover
- ASIN
- 0792393023
- Domain
- Amazon UK
- Release Date
- 31 December 1992
- Listed Since
- 15 February 2007
Barcode
No barcode data available
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