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adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new … extension to the standard neo-classical economic tools. Capital and Uncertainty is a non-mathematical text, modernizing and …
Persistent link: https://www.econbiz.de/10014473863
', Theory and Decision, 8, 229-54 -- Daniel McFadden (1974), 'Conditional Logit Analysis of Qualitative Choice Behavior', in …', in M. Koshi (ed.), Transportation and Traffic Theory, Proceedings of the 11th ISTTT, Amsterdam, The Netherlands: Elsevier ….), Travel Behaviour Research: The Leading Edge, Pergamon, Oxford, 17-64. -- Quandt, R.E. (1970), The Demand for Travel: Theory …
Persistent link: https://www.econbiz.de/10011852150
rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of … that the notion of rationality suffered a profound transformation that reduced it to a formal property of consistency. Such … of game and decision theory …
Persistent link: https://www.econbiz.de/10014474112
ecological rationality research program, it presents the main factors that determine economic choices, before exploring the most …
Persistent link: https://www.econbiz.de/10014372512
This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment …, financial imperfections and uncertainty. After reviewing the capital market imperfections literature and the empirical results …, the authors discuss both traditional investment models with uncertainty and the more modern option based models. They …
Persistent link: https://www.econbiz.de/10014473824
Despite their common emphasis upon uncertainty as a key economic variable, Frank Knight and John Maynard Keynes viewed … differing views regarding the role of economic theory as applied to the real world. William Greer reveals that the intellectual … role in ensuring the smooth operation of a system of otherwise free markets. Ethics and Uncertainty explores how two …
Persistent link: https://www.econbiz.de/10014474106
in the field such as profound uncertainty and the significance of knowledge in economics. This coherent and focused book … will appeal to a wide variety of scholars involved in evolutionary and institutional economics, and evolutionary theory. It …
Persistent link: https://www.econbiz.de/10014474051
analysis, including underlying economic and psychological theory, data collection and sampling, model specification and …
Persistent link: https://www.econbiz.de/10014635731
, D. and Tversky, A. (1979), 'Prospect theory: An analysis of decision under risk', Econometrica, 46, 263-91. -- Keynes, J ….M. (1936), The General Theory of Employment, Interest and Prices, London: Macmillan. -- Knabe, A., Rätzel, S., Schöb, R. and … United Kingdom, 1861-1957', Economica, 25, 283-99. -- Robinson, J. (1937), Essays in the Theory of Employment, Oxford …
Persistent link: https://www.econbiz.de/10011852162
wars than peace : Pareto and English economists -- 6. A Unitarian reading of Pareto's paradoxes in the theory of choice …. This book reconstructs the genesis and significance of Pareto's theory of choice which is Pareto's greatest contribution to …
Persistent link: https://www.econbiz.de/10012420103