Studies in the Economics of Uncertainty : In Honor of Josef Hadar

edited by Thomas B. Fomby, Tae Kun Seo

Studies in the Economics of Uncertainty presents some new developments in the economics of uncertainty produced by leading scholars in the field. The contributions to this Festschrift in honor of Professor Josef Hadar of Southern Methodist University cover a broad range of topics centered on the principle of Stochastic Dominance. Topics covered range from theoretical and statistical developments on Stochastic Dominance to new applications of the Stochastic Dominance Theory. The intended audience includes researchers interested in recent developments in tools used for decision-making under uncertainty as well as economists currently applying Stochastic Dominance principles to the analysis of the Theory of Firm, International Trade, and the Theory of Finance

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Year of publication:	1989
Other Persons:	Fomby, Thomas B. (ed.) ; Seo, Tae Kun (ed.)
Publisher:	New York, NY : Springer New York
Subject:	Risiko \| Risk \| Theorie \| Theory

Extent:	Online-Ressource (VIII, 231p. 25 illus) online resource
Type of publication:	Book / Working Paper
Language:	English
Notes:	I: TheoryStochastic Dominance in Nonlinear Utility Theory -- The “Comparative Statics” of the Shackle-Vickers Approach to Decision-Making in Ignorance -- Stochastic Dominance and Transformations of Random Variables -- Representative Sets for Stochastic Dominance Rules -- Stochastic Dominance for the Class of Completely Monotonic Utility Functions -- II: Estimation and Testing -- The Stochastic Dominance Estimation of Default Probability -- Testing for Stochastic Dominance -- III: Applications -- Insurance and the Value of Publicly Available Information -- Vertical Transactions under Uncertainty -- Optimal Tariffs and Quotas under Uncertain International Transfer -- Investment, Capital Structure and Cost of Capital: Revisited -- Utility Functions, Interest Rates, and the Demand for Bonds.
ISBN:	978-1-4613-8922-4 ; 978-1-4613-8924-8
Other identifiers:	10.1007/978-1-4613-8922-4 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013522148