, Julian Le Grand argues that the best solution is to offer choice to users and to encourage competition among providers. Le … management; "voice"; and choice and competition. He argues that, although all of these have their merits, in most situations … policies that rely on extending choice and competition among providers have the most potential for delivering high …

Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first …

Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first …

The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking … outcomes to decisions and then to choose the optimal distribution of outcomes. This assumes that the decision maker trusts the … model completely. But what should a decision maker do if the model cannot be trusted? Lars Hansen and Thomas Sargent, two …

Democracy</i>, Steven Brams, a leading authority in the use of mathematics to design decision-making processes, shows how social-choice …Voters today often desert a preferred candidate for a more viable second choice to avoid wasting their vote. Likewise …

argues that we must restore genuine decision making to our financial planning, and he shows us how to do it using probability …, experimental psychology, and decision theory. This is the only way to effectively manage financial risk in a manner congruent with … uncertainty. <i>Plight of the Fortune Tellers</i> is not only a book for the decision makers of Wall Street, it's a must-read for …

serious implications for public policymaking. In this book, leading experts in psychology, decision research, policy analysis …

serious implications for public policymaking. In this book, leading experts in psychology, decision research, policy analysis …