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Expected utility provides simple, testable properties of the optimum behavior that should be displayed by risk-averse individuals in risky decisions. Simultaneo
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The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989. The all-
Handbook of the Fundamentals of Financial Decision Making
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This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. T
Prospect Theory
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Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible textbook treatment of the way decisions are made both when we have the statisti