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differing views regarding the role of economic theory as applied to the real world. William Greer reveals that the intellectual …
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Economic Theory, one of the most important contributions to the economic literature. Anticipating modern behavioral economics … Uncertainty, Evolution, and Economic Theory. In Part II, we explain the implications of Alchian's paper for behavioral economics …
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students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and …Behavioral economics of risk, uncertainty, and ambiguity -- Other-regarding preferences -- Behavioral time discounting … -- Behavioral game theory -- Behavioral models of learning -- Emotions -- Bounded rationality -- Behavioral welfare economics …
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expected utility theory (EU) -- 1.2.2 Attitudes to risk under EU … dependent utility theory (RDU) -- 2.3.1 Attitudes to risk under RDU -- 2.3.2 RDU under uncertainty -- 2.3.3 Drawbacks of RDU … -- 2.4 Prospect theory (PT) -- 2.4.1 A brief note on PT under uncertainty -- 2.4.2 Attitudes to risk under prospect theory …
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